Question

Tom bought a pen for $30 and sold it to gain 20% on his cost price. How much money did he gain?

Answer 1

Step-by-step explanation:

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Answer 2

Answer:

He gained $ 6 .

Step-by-step explanation:

Tom bought a pen for $30.

so Cost Price=$30

sold it to gain 20% on cost price.

Gain Price= 20% of Cost Price =20/100×30

=$6

Sell Price= cost price+ gain price=$30+$6=$36

Conclusion:

He gained $6.