Question

If S.P=15000 and C.P=12000 is gain%​

Answer 1

Given-

S.P=15000

C.P=12000

To find-

Gain%​

Solution -

Gain means profit is a difference between selling price minus cost price.

Percentage means divide by 100

As we know that,

Gain% = $\frac{S.P-C.P}{C.P} \times 100$

Gain% = $\frac{15000-12000}{12000} \times100$

Gain% = $\frac{3000}{12000} \times100$

Gain% = $\frac{300}{12}$

Gain% = $25$%

The Gain percentage is 25%.