Question

Ifeoma bought 32 loaves of bread for #1,280 and sold it at #50 per loaf. What is her gain percent?

Answer 1

Gain % =25%

Step-by-step explanation:

Cost of 32 loaves = ₹ 1,280

If one loaves is sold for =₹50

Then, cost of 32 loaves =₹50×32 = ₹1600

Let,

SP is greater than CP , there is Profit.

Gain = ₹1,600 – ₹1,280 = ₹320.

Gain% = $\frac{profit}{cp} \times 100$

$\frac{320}{1280} \times 100 = 25\%$

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