Question

Raju bought an article for Rs250 and sold it for Rs300 The percentage gain is?​

Answer 1

Answer:

Step-by-step explanation:

Profit percent = profit/cost price x 100

so 50/250 x 100

1/5 x 100

=20%

Answer 2

Answer:

The gain percentage will be$20\%$.

Step-by-step explanation:

Given: SP = Rs. 300 and CP = Rs. 250

We have to find the gain percentage.

• As we know that the formula is used to calculate the profit percent is: $Profit\% =\frac{\text { Profit }}{\text { CostPrice }} \times 100$

We are solving in the following way:

We have,

SP = Rs. 300 and CP = Rs. 250

We know that,

$\begin{array}{l}\text { Profit = SP-CP } \\\Rightarrow 300-250 \\\Rightarrow 50\end{array}$

Profit $=50 \mathrm{Rs}.$

Now, the gain percentage will be:

$\begin{array}{l}\text { Profit\% }=\frac{\text { Profit }}{\text { CostPrice }} \times 100 \\\\\text { Profit } \%=\frac{50}{250} \times 100 \\\\\text { Profit } \%=\frac{1}{5} \times 100\\\\\text { Profit } \%=\frac{100}{5} \\\\\text { Profit } \%=20\end{array}$