Question

Sudhir bought an almirah for Rs 13600 and spent Rs 400 on its transportation. He sold it for Rs 16800. Find his gain per cent. ​

Answer 1

Given :-

Sudhir bought an almirah for Rs 13600 and spent Rs 400 on its transportation. He sold it for Rs 16800.

To Find :-

Find his gain percent. ​

Solution :-

Total CP = 13600 + 400

Total CP = Rs. 14000

Total SP = Rs. 16800

Now

Gain% = Gain/CP × 100

Gain = SP - CP

Gain% = (SP - CP)/CP × 100

Gain % = (16800 - 14000)/14000 × 100

Gain % = 2800/14000 × 100

Gain % = 28/14 × 10

Gain % = 2 × 10

Gain % = 20%

Answer 2

Given,

Sudhir bought an almirah for $13600$

Transportation cost $=400$

Total spent amount $= 13600+400$

$=14000$

Cost price $= 14000$

Selling price $= 16800$

Formula,

Profit% $= \frac{selling price-cost price}{cost price}\times100$

$= \frac{16800-14000}{14000}\times100$

$=\frac{2800}{14000}\times100$

$=20$%

Therefore, the profit percent is $20$.