Question

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

Answer 1

We have,

SP = 400

CP =250

So,  SP - CP = 150

Using Gain percent formula

SP-CP÷CP×100

He got a profit of 60%

Hope this helps you

Answer 2

Answer:

C.P.=Rs 250

S.P.=Rs 400

gain =Rs (400-250)= Rs 150

gain percentage =gain*100/C. P. %

=150*100/250 %

=60 %