Question

Isha bought a old mobile for 2500 and spent 450 on its cover and battery if she sold it to her friend for 4000 find her gain percent

Answer 1

C.P = 2500

Overhead expenses = 450

Net C.P = C.P + Overheads = 2500+450 = 2950

S.P = 4000

Gain = S.P - C.P = 4000-2950 = 1050

Gain percent = gain/C.P×100=1050/1950×100=53.84%

Answer : Hence , gain percent = 53.84%