Question

Question :-
An article is purchased for Rs. 500 and sold for Rs. 550 then gain % is

Answer 1

Cp=500

sp=550

gain%= sp-cp*100/cp= 5000/500= 10% ans....

Answer 2

Question :-

• An article is purchased for Rs. 500 and

  sold for Rs. 550 then gain % is ?

Given :-

• Cost Price = Rs. 500

• Selling Price = Rs. 550

To Find :-

• Gain %

Solution :-

• As we know that ,

$Gain \: Percentage\: = \frac{SP - CP}{CP} \times 100$ %

$\frac{550 - 500 }{500} \times 100 \\\\\frac{50}{500} \times 100$ %

•  ∴ 10% gain