if an article sold for Rs 100 than there is a gain of Rs20 Which of the following is the gain percent?
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- Gain percent is 25%.
Step-by-step explanation:
To find:-
- Gain percent.
Solution:-
Given that,
Selling price is Rs.100
Gain is Rs.20
- First we will find cost price for gain percent.
Gain = Selling price - Cost Price.
- Gain is profit.
- Cost price is the original price of something.
- Selling price is the price by which something is selled.
➝20 = 100 - Cost Price
➝ 100 - 20 = Cost Price
➝ 80 = Cost price
Cost Price is Rs.80.
Gain percent = Gain/cost price × 100
➝ 20/80 × 100
➝ 0.25 × 100
➝ 25
Therefore,
Gain percent is 25%.
Glorious31:
Nice !
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