Question

Varun purchased a calculator for 500 rupees and sold it to his friend at 560 rupees. Then his gain percent

Answer 1

12% he gained percentage

Answer 2

$<b>Heya mate. (^_-). Solution below.$
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$<u>Your Question -</u>$

Varun purchased a calculator for 500 Rs. and sold it to his friend for Rs. 560. Find his gain percent.

$<u>Solution -</u>$

Cost price (C.P) of calculator = 500 Rs.

Selling price (S.P) of calculator = 560 Rs.


Clearly, S.P. > C.P.
So, gain is incurred.


Now,

gain
= S.P - C.P
= 560 - 500
= 60

And, gain%
= gain / C.P × 100
= 60/560 × 100
= 6000/560
= 10.7% (approx)

$<marquee>Hence, Varun has a gain of 10.7%</marquee>$
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Thank you. ;-)