Question

Rehman purchased a wrist watch for rs.1140 and sold it to his friend shariq for rs.1200 find his gain percent

Answer 1

Answer

₹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