Question

shopkeeper bought a chair for Rs 375 and sold it for Rs 400. Find the gain Percentage​

Answer 1

Answer:

6.667%

Step-by-step explanation:

Cost Price of the chair = Rs 375

Selling Price of the chair = Rs 400

Gain on selling the chair = Selling price- Cost price

= Rs 400 - Rs 375

= Rs 25

Gain percentage on

selling the chair = Gain /Cost price * 100

= 25/375 * 100

= 6.667%

Answer 2

Given:

• a shopkeeper bought a chair for Rs 375

• he sell the chair for Rs 400

To find:

gain percentage

Solution:

1) shopkeeper bought a chair for Rs 375

so, cost price of the chair = Rs 375

2) he sold a chair in Rs 400

so, selling price of the chair = Rs 400

We Know That:

$\implies\tt{ \: gain(\%) \: = \frac{S.P - C.P}{ C.P} \times 100}$

$\implies \tt{\: gain(\%) = \frac{400 - 375}{375} \times 100}$

$\implies\tt{ \: gain(\%) = \frac{25}{375} \times 100}$

$\implies \tt{\: gain(\%) \: = 6.667\%}$

Hence,

gain percentage of the chair is 6.667%