Question

Mohit bought a CD for Rs 750 and sold for Rs 875. Find his gain percent.

Answer 1

Step-by-step explanation:

CP = 750rs

SP = 875rs

Profit = SP - CP

Profit = (875 - 750)

Profit = 125rs

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

$\frac{125}{750} \times 100$

$\frac{50}{3} \%$

$16.6\%$

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