Question

SOLVE THE FOLLOWING. Q. 1 RAMILA BRAUGHT A BICYCLE FOR RS. 2000AND SOLD IT FOR RS. 2500 . FIND THE GAIN PERCENTAGE.​

Answer 1

Solution :-

Cost Price of the Bicycle (CP) = ₹. 2,000 and

Selling Price (SP) = ₹. 2,500 . . .

Since Cost Price < Selling Price, Ramila makes a Gain.

Gain = ₹. (2,500 - 2,000) = ₹. 500

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$\begin {aligned} \bold {Gain\%} & = \red {\bold {\Big (\frac{Gain}{Cost\: Price} \times 100 \Big )\%}}\\\\\\\therefore\: \bold {Gain\%} & = \Big (\frac{50 \cancel 0}{2 \cancel 0 \cancel {00}} \times 1 \cancel {00} \Big )\% \\\\& = \Big (\frac{50}{2} \Big )\% \\\\& = \bold {25\%} \end {aligned}$

Hence, The Gain by Ramila is 25% . . .

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