Rehman purchased a wrist watch for rs.1140 and sold it to his friend shariq for rs.1200 find his gain percent
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₹100/19 is the answer
Explanation:
- As we know that in gain percent selling price should be more than cost price
- so formula for gain percent is gain/c.p.*100
- here s.p. is 1200 and c.p. is ₹1140
- now s.p. - c.p.
- ₹1200-₹1140=₹60
- gain =₹60
- now for gain percent = 60/1140*100
- 100/19 answer
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