Question : An article is bought for Rs. 600 and sold for Rs. 900. Find the gain percentage.
Option 1: 40%
Option 2: 50%
Option 3: 55%
Option 4: 45%
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Correct Answer: 50%
Solution : Given that the article was bought for Rs. 600 and sold for Rs. 900, ⇒ Profit = Selling price − Cost price = Rs. 900 − Rs. 600 = Rs.300 We know that, Gain percentage = $\frac{\text{Profit}}{\text{Cost price}}$ × 100 = $\frac{300}{600}$ × 100 = 0.5 × 100 = 50% Hence, the correct answer is 50%.
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Question : An article is bought for Rs. 1,600 and sold for Rs. 3,200. Find the gain percentage.
Option 1: 100%
Option 2: 90%
Option 3: 50%
Option 4: 75%
Question : A vendor bought 12 oranges for Rs. 50 and sold them at 12 for Rs. 30. Find the loss percentage.
Option 1: 30%
Option 2: 25%
Option 3: 40%
Question : Reenal bought an AC for Rs. 28500 and paid Rs. 600 for transportation. Then she sold it for Rs. 30264. What is her gain percentage?
Option 1: 8%
Option 2: 10%
Option 3: 4%
Option 4: 5%
Question : An article was sold at a loss of 14%. If it was sold for Rs. 756 more, then there would have been a gain of 7%. Find the cost price of the article.
Option 1: Rs. 3600
Option 2: Rs. 2300
Option 3: Rs. 5000
Option 4: Rs. 3000
Question : An article is sold at a loss of 10%. Had it been sold for Rs. 90 more, there would have been a gain of 5%. The original sale price of the article (in Rs.) is:
Option 1: Rs. 540
Option 2: Rs. 600
Option 3: Rs. 628
Option 4: Rs. 650
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