Question

By selling an article for $Rs.467.50,$ Shambhu gains $RS.27.40.$ Find his gain percentage .

Answer 1

S.P of an article $=Rs467.50$

$\Rightarrow$ Gain $=Rs27.40$

$\Rightarrow$ C.P of article $=S.P-gain$

$=467.50-27.40$

$=Rs440.10$

$\Rightarrow$ Gain $\%=\frac{Gain}{C.P}\times 100$

$=\frac{27.40}{440.10}\times 100$

$=6.22\%$

Hence, the answer is $6.22\%.$