Question

CP = rupees 58 Sp=rupees 64
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Answer 1

Gain = sp - Cp
= 64 - 58
= 6
Gain%= gain/Cp * 100
6/58 * 100
= 300/29

Answer 2

Here cost price and selling price of an item is given

Cost price = Rs. 58

Selling price = Rs. 64

We have to find out the gain

To find out the gain, we will have to use the formula

Gain = Selling price - cost price

Putting the values in the formula

Gain = 64 - 58

       = 6

So, the gain will be of Rs.6