Question

A book is purchased for Rs.75 and sold for Rs.100.Find the gain percent.

Answer 1

$C.P=Rs.75$

$S.P=Rs.100$

We know that

$Gain\left(\%\right)=\frac{S.P-C.P}{C.P}\times 100$

Therefore,

$Gain\left(\%\right)=\frac{100-75}{75}\times 100$

$Gain\left(\%\right)=\frac{25}{75}\times 100$

$Gain\left(\%\right)=\frac{1}{3}\times 100$

$Gain\left(\%\right)=33.333\%$

Hence, this is the answer.