Question

Ram bought an Article for 20,000 Rupees and sold it for 22,000 Rupees. Find his loss or gain percentage.

Answer 1

Answer:

he got 2000 rupees gain (profit)

Answer 2

Answer:

10%

Step-by-step explanation:

22,000 rupees minus 20,000 rupees equal to 2,000 rupees. That means Ram made a profit of 2,000 rupees. However, we want to find the percentage, thus we divide the original price (20,000) by the profit (2,000) and multiply by 100%.

• 2000/20000 x 100% = 10%.