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Sticky Note
An article is purchased for Rs. 450 and sold for Rs. 495. Find the gain percent.
  1. 10%
  2. 20%
  3. 25%
  4. 30%
Explanation

Given that:

C.P=450 & S.P=495

When S.P is greater than C.P, we get Profit

Profit=S.P-C.P

Profit=495-450

Profit = 45 

Now,

Gain% = [100*Gain]/C.P

             = [100*45]/450

             = 10%


 ***

ND11-12-2022

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