Question

Mohan purchased a cycle for rs 800 and sold it for rs 1040 find his gain persentage​

Answer 1

Answer is 31%

Step-by-step explanation:

• The amount for which the cycle is bought is cost price (C.P)
• The amount for which the cycle is sold is selling price (S.P)

• Therefore the Formula for calculating profit in % is
• Profit in % =[ (S.P-C.P)/C.P ] x 100

• = [ (1080–800)/900 ] x 100
• = [ (280)/900 ] x 100
• = [ 0.31 ] x 100
• = 31%

Answer 2

Answer:

Mohan purchased a cycle= ₹800

he sold his cycle=₹1040

profile in selling cycle=sold price-purchased price

=₹1040-₹800

=₹240

gain persentage =240×100/800

=30% ans