Question

mohit bought a cd for rs 750 and sold it for rs875. show that his gain percent is 16 2/3

Answer 1

CP = 750
SP = 875
profit or gain = SP - CP = 875 - 750= 125

profit percent= p /CP × 100

= 125/750×100
$16 \frac{2}{3} percent$

Answer 2

profit=875-750=125
profit percent=profit÷cost price ×100
=125÷750×100
=162 2/3