A man buys an article for Rs 27.50 and sells it for Rs 28.60. Find his gain percent (a) 1% (b) 2% (c) 3% (d) 4%

Given

C.P = Rs 27.50

S.P = Rs 28.60

Gain = S.P. – C.P. = 28.60 – 27.50 = Rs 1.10

Hence,

Gain% = (1.10/27.50) x 100 = 4%

So, the correct option is (d)

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