Tick (✓) the correct answer:
Rajan buys a toy for Rs 75 and sells it for Rs 100. His gain per cent is
(a) 25%
(b) 20%
(c) $33 \frac{1}{3} %$
(d) $37 \frac{1}{2} %$

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Solution

$(c) 33 \frac{1}{3} % SP = Rs 100 Gain = Rs (100 - 75) = Rs 25 ∴ Gain percentage = (\frac{gain}{CP} \times 100) % = (\frac{25}{75} \times 100) % = 33 \frac{1}{3} %$

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