Question

shopkeeper bought a chair for Rs 250 and sold it for Rs 400. What is his gain percentage? *​

Answer 1

Answer:

60% gain

Step-by-step explanation:

Cost Price (CP) of chair = Rs.250

Selling Price (SP) of chair = Rs.400

Gain = SP - CP = Rs.(400-250) = Rs.150

Gain % = Gain/CP × 100 = 150/250 × 100 = 60%

Answer 2

Step-by-step explanation:

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