Question

Madam in profit and loss Amit bought a calculator for rupees 960 and sold for 1104 find his gain percentage​

Answer 1

Amit bought a calculator for Rs 960 and sold it for Rs 1104 . Find his gain and gain per cent.

Medium

Solution

verified

Amit bought a calculator whose

cost price =960 Rs.

He sold it with selling price = 1104 Rs.

Amit gain profit of

gain = SP - CP =1104−960

gain =144 Rs.

gain percent =

costprice

gain

×100

⇒

960

144

×100

gain percent ⇒15%

Hence Amit had profit of 144 Rs & his gain % is 15 %.