Question

Ramila brought a bicycle for RUPEES 2000 and sold it for RUPEES 2500. Find the gain percentage
Please please please answer me the correct one with method ok please please ​

Answer 1

Answer is 25%
As profit% = profit/CP * 100

Answer 2

Profit percent = 25%

Step-by-step explanation:

GIVEN

Cost Price = ₹2000

Selling Price = ₹2500

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TO FIND

Profit Percent

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We know that,

Profit = Selling Price - Cost Price

Profit = 2500 - 2000

Profit = 500

Profit = ₹500

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We know that,

Profit Percent = Profit / Cost Price × 100

Profit percent = 500 / 2000 × 100

Profit Percent = 0.25 × 100

Profit Percent = 25

Profit percent = 25%

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IMPORTANT

If the profit percent is given and we have to find the selling price

Then

Selling Price = ( 100 + Profit% ) × Cost Price / 100

If the loss percent is given and we have to find the selling price

Then

Selling Price = ( 100 - Loss% ) × Cost Price / 100

When selling price and loss percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

When selling price and profit percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )