Question

Some articles are bought at 2 for 15rps and sold at 3 for 25rps. Find the gain percentage.

Answer 1

Answer:

Cost Price per article (CP) = 15/2 = 7.50

Selling price per article (SP) = 25/3 = 8.33

Profit or gain per article = 8.33 - 7.50 = 0.83

Gain percentage = 100*Profit/CP = 100*0.83/7.50 = 11

Gain percentage = 11%

Step-by-step explanation:

Answer 2

Answer:

cost price per article (CP) =15/2=7.50

selling price per article (SP) = 25 / 3=8.33

profit or gain per article = 8

33 - 7.50 =0. 83

gain percentage

gain %= 100 *profit/cp = 100*0.83/250

gain % = 11