Ramila bought a bicycle for rupees 2000 and sold it for rupees 2500 . find the gain percentage.
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Answered by
16
ANSWER :-
Bought a Bicycle = ₹2,000
Sold For = ₹2,500
TO FIND :-
Find the Gain Percentage.
SOLUTION :-
1st we have to Find the Gain
Gain = Sold - Bought
= 2,500 - 2,000
= 500
Gain% = 100 × Profit/Cost Price.
= 100 × 500/2000
= 25%.
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Answered by
1
☞ Cost Price (CP) = Rs 2000
☞ Selling Price (SP) = Rs 2500
☞ Gain % = ?
As Selling Price (SP) > Cost Price (CP). So there is Gain in the transaction.
Gain Amount = Selling Price (SP) - Cost Price (CP)
⇒ Gain = Rs 2500 - Rs 2000
⇒ Gain = Rs 500
⇒ Gain % =
⇒ Gain % = 25%
∴ Ramila earns a Gain% of 25% in the transaction.
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