Question

if a man bought sofa for 11.000 and sold it for 12.000, find gain percentage

Answer 1

C.P of sofa =11000
S.P of sofa=12000
Gain=S.P-C.P=12000-11000=1000
Gain%=gain/C.P×100=1000/11000×100=9 1/11%

Answer 2

C.P=11000
S.P=12000
gain=S.P-C.P
=12000-11000
=1000
gain%=gain/C.P×100
=1000÷11000×100
=9.09% ans
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