Question

A man buys an article for Rs. $27.50$ and sells it for Rs. $28.60$. Find his gain percent.

• A. $4$
• B. $5$
• C. $2$
• D. $10$

Answer 1

Answer: (A)

$4$

Given, selling price Rs. $28.60$ and cost price $=27.50$

Gain $=SP-CP$

$=$ Rs. $\left(\begin{array}{c}28.60-27.50\end{array}\right)$

$=$ Rs. $1.10$
Gain $\%=\left\{\begin{array}{c}\left(\begin{array}{c}\frac{1.10}{27.50}\end{array}\right)\times 100\end{array}\right\}\%=4\%$