Question

By selling an article for Rs 50 a shopkeeper gains Rs 10.His gain percent is_______

Answer 1

SOLUTION

GIVEN

By selling an article for Rs 50 a shopkeeper gains Rs 10.

TO DETERMINE

His gain percentage

EVALUATION

Here it is given that a shopkeeper sells an article for Rs 50 and gains Rs 10.

So selling price = Rs 50

Gaining amount = Rs 10

Cost price = Rs ( 50 - 10 ) = Rs 40

Hence the required gaining percentage

$\displaystyle \sf{ = \frac{10}{40} \times 100 \% }$

$\displaystyle \sf{ = \frac{1}{4} \times 100 \% }$

$\displaystyle \sf{ = 25 \: \% }$

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Answer 2

Step-by-step explanation:

SOLUTION

GIVEN

By selling an article for Rs 50 a shopkeeper gains Rs 10.

TO DETERMINE

His gain percentage

EVALUATION

Here it is given that a shopkeeper sells an article for Rs 50 and gains Rs 10.

So selling price = Rs 50

Gaining amount = Rs 10

Cost price = Rs ( 50 - 10 ) = Rs 40

Hence the required gaining percentage

=

10

40

×

100

%

=

40

10

×100%

=

1

4

×

100

%

=

4

1

×100%

=

25

%

=25%