Question

If the store owner has spent ₹250000 on new stock and manages to sell off the stock for ₹275000, find his gain percent.

Answer 1

Answer:

He spent ₹250000

and managed to sell in ₹275000

275000-250000=25000

here he had a profit of Rs 25000

divide it by the amount he spent,for finding gain %

250000/25000=10

therefore his gain % is 10%

that's what his profit is

hope it helps

Answer 2

Answer:

Given,

Cost price of the stock : RS. 250000

Selling price of the Stock: RS. 275000

Gain : SP-CP

: Rs. ( 275000-250000)

: Rs. 25000

$gain \div cp \times 100$

Gain percent : 25000/250000*100

:10%