Question

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

Answer 1

Step-by-step explanation:

CP = 2000

SP = 2500

PROFIT = SP - CP = 500

•\• profit = 500\2000 × 100 =25

Answer 2

Gain percent = 25%

Step-by-step explanation:

GIVEN

Cost Price = ₹2000

Selling Price = ₹2500

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TO FIND

Gain Percent

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We know that,

Gain = Selling Price - Cost Price

Gain = 2500 - 2000

Gain = 500

Gain = ₹500

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We know that,

Gain Percent = Gain / Cost Price × 100

Gain percent = 500 / 2000 × 100

Gain Percent = 0.25 × 100

Gain Percent = 25

Gain percent = 25%

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IMPORTANT

If the profit percent is given and we have to find the selling price

Then

Selling Price = ( 100 + Profit% ) × Cost Price / 100

If the loss percent is given and we have to find the selling price

Then

Selling Price = ( 100 - Loss% ) × Cost Price / 100

When selling price and loss percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

When selling price and profit percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )