Question

Meenu purchased an item for Rs 800 and sold the same for Rs 1000 . The gain percentage is ​

Answer 1

Answer:

Step-by-step explanation:

C.P=800

S.p=1000

Profit=1000-800=200 Rs.

%Profit = 200/800*100=200/8

            =25%

Answer 2

Given:

Cost price of the item = Rs. 800

Selling price of the item = Rs. 1000

To find:

Gain percentage = ?

Formula to be used:

Gain percentage = Gain × 100 ÷ Cost price

Calculation:

Step 1 of 2

Find gain

To find the gain percentage, we need to know gain.

Thus to know the gain, we must find the difference between the cost price and selling price.

Therefore,

Gain = S.P - C.P

Gain = 1000 - 800

Gain = 200

Step 2 of 2

Find gain percentage

Use the gain value and calculate gain percentage

Gain percentage = Gain × 100 ÷ Cost price

Gain percentage = 200 × 100 ÷ 800

Gain percentage = $\frac{20000}{800}$

Gain percentage = 25

Final answer:

Meenu purchased an item for Rs 800 and sold the same for Rs 1000 . The gain percentage is ​ 25 %.