Question

was bought for Reigns 250 and sold for friends 262 find the gain or loss percent​

Answer 1

$\bf \: Cost \: Price = Rs. \: 250$

$\bf \: Selling \: Price = Rs. 262$

$\bf \: \bigg[So, \: When \: SP > CP \: \bigg] Gain \: is \: there..$

$\bf \: Gain = 262 - 250 = 12$

$\bf \: Now \: it's \: time \: to \: find \: Gain \: Percent..$

$\bf \: Gain \% = \dfrac{Gain}{CP} \times 100$

$\bf \: Substituting \: th e \: values..$

$\bf \: \longrightarrow \: \dfrac{12}{250} \times 100$

$\bf \: Simplifying \: the \: Expression..$

$\bf \: \longrightarrow \: \dfrac{12}{50} \times 20$

$\bf \: \longrightarrow \: \dfrac{12}{5} \times 2$

$\bf \: Answer = \dfrac{24}{5} = 4.8\%$