Question

Amit purchases a house for ₹ 2,50,000 .If he sells if for ₹ 4,00,000 .Find his gain percent .

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Answer 1

Answer:

60%

Step-by-step explanation:

400000/250000 *100

=160%

total gain =160-100=60%

Answer 2

Answer:

Gain % =60%

Step-by-step explanation:

According to the information provided in the question it is given as

Amit purchase a house = CP =2,50,000

Selling  Price = SP=  4,00,000

We need to find the gain percentage

In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%

$\text { Gain }=\mathrm{SP}-\mathrm{CP}$

Putting the values

$G= 400000 -250000\\G =1,50,000$

Now finding the gain percent

$\text { Gain\% }=(\text { Gain } / \text { CP }) \times 100$

Now putting the value we get the gain %

$G\% =\frac{150000}{250000} \times 100$

Convert to lowest term we get

$\frac{x}{y} G\%= \frac{150}{250}\times 100$

$G\% =60\%$

So gain % is 60%