Question

Find gain or loss in percentage if CP = ₹1600 and SP = ₹1840

Answer 1

Answer:

The gain  percentage is 15%.

Step-by-step explanation:

The cost price CP is Rs 1600 and the selling price SP is 1840. Since the selling price is more than the cost price, we can find the gain percentage.

$Gain \ percetage = \dfrac{SP-CP}{CP} \times 100 = \dfrac{1840-1600}{1600}\times 100=15$

So the gain is 15%.

Answer 2

The gain percentage is 15%.

Step-by-step explanation:

The cost price CP is Rs 1600 and the selling price SP is 1840. Since the selling price is more than the cost price, we can find the gain percentage.

Gain \ percetage = \dfrac{SP-CP}{CP} \times 100 = \dfrac{1840-1600}{1600}\times 100=15Gain percetage=

CP

SP−CP

×100=

1600

1840−1600

×100=15