Question

Calculate the gain percentage of a fan is purchased for rs 500 and sold for rs 800.

Answer 1

Answer:60%

Step-by-step explanation:

C.P of the fan = ₹500

S.p of the fan = ₹800

Profit = ₹(800–500)

= ₹300

Profit%= profit×100% /C.P

=300×100/500

=60%

Answer 2

Given : A fan is purchased for rs 500 and sold for rs 800

To find : Gain percentage.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the gain percentage)

Here, gain means profit.

So, gain (profit) amount :

= Selling price - Cost price

= Rs. (800 - 500)

= Rs. 300

Now, the gain percentage will be :

= 100 × (Gain amount ÷ Cost price)

= 100 × (300 ÷ 500)

= 60%

(This will be considered as the final result of the given mathematical problem.)

Hence, the gain percentage is 60%