Question

Find gain or loss percent,if a,c.P -rs 500 and s.P-rs 656

Answer 1

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Answer 2

Answer:

• Gain = 31.2 %

Given :

• C. P = ₹ 500

• S. P = ₹ 656

To find :

• Gain % = ?

Step-by-step explanation:

S. P is greater than C. P

So, it is clear that we have to find gain percent,

Firstly,

Gain = S. P - C. P

Substituting the values in the above formula, we get,

Gain = 656 - 500

∴ Gain = 156

Now,

Gain % = 100 × Gain / C. P

Substituting the values in the above formula, we get,

= 100 x 156/500

= 156/5

= 31.2

Hence,

Gain = 31.2 %