Question

An article is bought for rs. 600 and sold for rs. 750. The gain percent is:

Answer 1

The gain percent is 25 percent (%).

Step-by-step explanation:

Given,

Cost price(CP) = Rs. 600  and selling price(SP) = Rs. 750

To find, the gain percent = ?

We know that,

Gain = SP - CP

= Rs. 750 - Rs. 600

= Rs. 150

∴ Gain Percent(%) = $\dfrac{Gain}{Cost Price}$ x 100

= $\dfrac{150}{600}$ x 100

$= \dfrac{150}{6}$

= 25%

Hence, the gain percent is 25 percent (%).

Answer 2

Given:

• The cost price = Rs. 600

• The selling price = Rs. 750

To Find:

• The gain percentage.

Solution:

• We know that,
• Gain = Price sold - price purchased = Selling price - cost price
• Gain = SP-CP
• The Gain percentage = $\frac{Price sold - price purchased}{price purchased}*100$
• The Gain percentage = $\frac{Selling price-Cost price}{Cost price}*100$
• The Gain percentage = $\frac{SP-CP}{CP}*100$
• Substituet the values in the above equation, we get,
• The Gain percentage = $\frac{750-600}{600}*100$
• The Gain percentage = (150/600)*100
• The Gain percentage = 0.25*100
• The Gain percentage = 25%

∴The gain percentage = 25%.