Question

Q-3 Solve the following.

1. Ramila brought a bicycle for Rs. 2000 and sold it for Rs. 2500. Find the gain percentage.​

Answer 1

Answer:

25%

Step-by-step explanation:

Given:

CP=Rs. 2000

SP= Rs. 2500

Here, SP>CP

Therefore, it is a profit.

P=SP-CP

   2500-2000

 =500

Profit %= profit/cp ×100

                       500/2000×100

                       5/20×100

                       5×5  (20 was divided by 100 and resulted in 5)

                    =25%

∴Answer= 25%

Hope this helps <3

                           

Answer 2

Given:

• Cost Price (C.P.) of the bicycle = ₹2,000
• Selling Price (S.P.) of the bicycle = ₹2,500

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To find:

The gain percentage.

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Solution:

We are given the C.P. and S.P. of the bicycle, so we can find the profit, which is given by the formula:

Profit = S.P. - C.P.

Profit = ₹(2,500-2,000)

$\boxed {\bf {\blue {Profit = Rs.\ 500}}}$

Now, we can find the profit %,

$\sf {Profit \% = \dfrac {Profit}{C.P.} \times 100 \%}$

$\implies \sf {Profit \% = \dfrac {500}{2000} \times 100}$

$\implies \sf {Profit \% = 25 \%}$

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Final answer:

$\boxed {\sf {\red {The\ profit\ percent\ is\ of\ 25 \%.}}}$

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Formulas used:

$\bigstar \sf {Profit = S.P. - C.P.}$

$\bigstar \sf {Profit \% = \dfrac {Profit}{C.P.} \times 100 \%}$