Mohit bought a cd for rs 750 and sold it rs 875 find his loss or gain percent
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CP=750 RS
SP=875 RS
here SP is greater than CP
Gain=SP-CP=875-750=125Rs
Gain%=(Gain×100/CP)
=125×100/750
=50/3 %
16.666%
SP=875 RS
here SP is greater than CP
Gain=SP-CP=875-750=125Rs
Gain%=(Gain×100/CP)
=125×100/750
=50/3 %
16.666%
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