English, asked by prithvirajkurmi8, 4 months ago

Cost price of a basket ball is 500 rupee, if it is sold for 700₹ find the gain %

Answers

Answered by Swarnika1504

0

Explanation:

CP of basketball = ₹500

SP of basketball = ₹700

SP > CP = Profit

SP - CP = Profit

₹700 - ₹500 = ₹200

Profit% = Profit × 100

CP

Profit% = 200 × 100

500

Profit% = 40%

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