Raju bought a pen for Rs. 5 and sold it to Krishna for Rs. 10. His gain percentage is
The correct option is B (100%)
Given, cost price(C.P) =Rs.5 and selling price(S.P) =Rs. 10
Since, S.P>C.P
So, Gain amount =S.P−C.P
=10−5
=Rs. 5
%Gain =GainC.P×100
=55×100
=100%
Therefore, gain percent =100%