Question

Ramil brought a Bicycle for Rs.
2000 and sold it for Rs. 2560 find the gain percentage​

Answer 1

Answer :-

The gain percentage is 3%.

Step-by-step explanation :-

To Find,

• The gain percentage ........ ?

Solution,

Given that,

• Cost price of bicycle bought by Ramil = Rs. 2000
• Selling price of bicycle bought by Ramil = Rs. 2560

Formula need to be used :-

• Gain = S.P. - C.P.
• Gain % = { Gain / C.P. } × 100

First, we need to find out the gain, As we know that,

Gain = S.P. - C.P.

Where,

• S.P. = Selling Price
• C.P. = Cost Price

➮ Gain = Rs. 2560 - Rs. 2000

➮ Gain = Rs. 60

∴ The gain percentage is, As we know that,

Gain % = { Gain / C.P. } × 100

➮ Gain % = { 60 / 2000 } × 100

➮ Gain % = 0.03 × 100

➮ Gain % = 3%

Hence, the gain percentage is 3%.

Answer 2

$\underline{\underline{\huge{\gray{\tt{\textbf Answer :-}}}}}$

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$\sf\large\bold{\orange{\underline{\blue{ Given :-}}}}$

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• Ramil brought a Bicycle for Rs. 2000

• He sold it for Rs 2560

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$\sf\large\bold{\orange{\underline{\blue{ To \: Find :-}}}}$

$\:\:$

• Gain percentage

$\:\:$

$\sf\large\bold{\orange{\underline{\blue{ Solution :-}}}}$

$\:\:$

$\underline{\bold{\texttt{Gain :}}}$

$\:\:$

Gain or loss can be calculated by subtracting cost price from the selling price

$\:\:$

So,

$\:\:$

➜ 2560 - 2000

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➜ 560

$\:\:$

The positive sign indicate that it is a case of gain

$\:\:$

• Hence Ramil got a gain of Rs 560

$\:\:$

$\underline{\bold{\texttt{Gain percentage :}}}$

$\:\:$

➠ $\sf \dfrac { Gain } { Cost \: Price } \times 100$

$\:\:$

⟮ Putting the values ⟯

$\:\:$

➜ $\sf \dfrac { 560 } { 2000 } \times 100$

$\:\:$

➜ $\sf \dfrac { 560 } { 20 }$

$\:\:$

➨ 28%

$\:\:$

• Hence Ramil got a gain percentage of 28 %

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Additional information

$\:\:$

Loss percentage

$\:\:$

• $\sf \dfrac { Loss } { Cost \: Price } \times 100$