Question

If the gain on rs 140000 is rs 22400, find the gain per cent

Answer 1

Answer: profit = 22400

Cp = 140000

Profit % = gain ÷ Cp ×100

22400÷140000×100

=16%

Step-by-step explanation:

Answer 2

let the gain be of x%
therefore, x% of 140000 = 22400
x/100 × 140000 = 22400
x × 1400 = 22400
x = 22400/1400
x = 16
therefore, gain percent is 16%.