Question

Exercise 9C
1. An object was bought for 5000 and sold for 6500. Find the gain and gain%.
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Answer 1

Step-by-step explanation:

CP=5000

SP=6500

GAIN=SP-CP

6500-5000=1500

GAIN%=1500/5000×100=30%

Answer 2

GIVEN:-

CP=5000

SP=6500

TO FIND:-

Gain

Gain %

SOLVING:-

Object bought = CP

CP = Rs. 5000

Sold = SP

SP = 6500

Gain    = SP-CP

             = 6500-5000

            = 1500

Gain % =  $\frac{difference}{cp}$ × 100

            =  $\frac{1500}{5000}$          × 100

            = $\frac{15}{50}$ × 100(divided by 100)

             = $\frac{15}{1}$×20 (divided by 50)

            = 15x20

            = 30%

         

∴ gain is 1500 rupees and gain% is 30%