Question

Ramila bought a bicycle for Rs.2000 and sold it for Rs.2500 . Find the gain Percentage ​

Answer 1

Answer:

SP=2500

Cp=2000

since,SP>CP

Its a profit

Profit=SP-CP

=2500-2000

=500

PROFIT%=PROFIT/CP×100

=500/2000×100

=25%

Answer 2

➤ Given :-

Cost price of bicycle :- ₹ 2000

Selling price of bicycle :- ₹ 2500

➤ To Find :-

Profit percentage of the given sum...........

➤ Formula required :-

${\tt \large \dashrightarrow \orange{\boxed{\tt \gray{\dfrac{Profit}{Cost \: Price} \times 100}}}}$

➤ Solution :-

To find the profit percentage, first we should find the profit in numerical format by subtracting the selling price and the cost price...........

Profit :-

$\tt \longrightarrow 2500 - 2000$

$\sf \longrightarrow Rs \tt \: \: 500$

Now,

Profit percentage :-

${\tt \longrightarrow \dfrac{500}{2000} \times 100}$

${\tt \longrightarrow \dfrac{500}{\cancel{2000}} \times \cancel{100} = \boxed{\tt \dfrac{500}{20} \times 1}}$

${\tt \longrightarrow \dfrac{500 \times 1}{20} = \dfrac{500}{20}}$

${ \tt \longrightarrow \cancel \dfrac{500}{20} = \boxed{\tt 25 \bf\%}}$

$\Huge\therefore$ The profit percentage of the bicycle is 25 $\bf\%$.

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$\dashrightarrow$ Some related formulas :-

Loss :- ${\boxed{\tt CP-SP}}$

Loss percentage :- ${\boxed{\tt\dfrac{Loss}{CP} \times 100}}$

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More to know..............

• Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
• To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
• To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.