Ramila brought a bicycle for Rs. 2000 and sold it
Foo RS. 2500 Find the gain percentage.(Answer in detail)
Answers
Answered by
3
Answer:
25% gain
Step-by-step explanation:
Cost Price (CP) = Rs.2000
Selling Price (SP) = Rs.2500
Gain = SP - CP = Rs.(2500 - 2000) = Rs.500
Gain percentage = Gain/CP × 100 = 500/2000 × 100 = 25%
Answered by
4
☞ 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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