a cylce is bought for rs900 and sold for rs 1080. find the gain percent
Hello there , to find gain / profit percent first we will find the profit i.e. selling price - cost price . And then we will divide that profit with cost price multiplied by 100
Cost price= 900
Selling price= 1080
Profit/ gain= so - cp
= 1080- 900 = 180
Profit percent =( profit / cp ) × 100
= (180/ 900)× 100
= 20% (ans)
Hello,
Here, Selling Price is 1080 and Cost Price is 900, hence the profit is Selling Price-Cost Price which is 180, and profit%= P*100/CP=180*100/900=20% is the answer.
So, the gain percent is 20%.
Hello There,
Cost price of cycle = 900 Rs.
Selling price of cycle is = 1080 Rs.
Profit = Selling price - Cost price ,
Profit = 1080 - 900 = 180 Rs.
Now Profit or Gain percent = profit × 100/Cost price
Gain percent = 180 × 100/900 = 20 %
Hence the gain percent is 20 percent.
Hope it helps and clear your concept .
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