Question

rampreet bought an orange for rupee 3and paid rupee 1 for its transportation. then he sold it for5 rupee find his loss or gain%

Answer 1

total c.p for rampreet=₹3+1=₹4
s.p>c.p,so it's a gain

gain=s.p- c.p
5-4=₹1

gain%= gain/c.p*100

1/4*100=25%

hope that this will help you....

Answer 2

Cost price of the orange=Rs 3
Total cost price including expenses for transportation=Rs 3+1=Rs 4
Selling price=Rs 5
Profit or gain=Rs 1
Gain % or Profit%=Gain x100/Total cost price
                             1x100/4=25%