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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%

Question

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%
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Solution 1

Step 1: First, we need to find out how much profit the man made. We do this by subtracting the cost price from the selling price.

Profit = Selling Price - Cost Price Profit = Rs.28.60 - Rs.27.50 Profit = Rs.1.10

Step 2: Next, we need to calculate the profit percentage. The formula to calculate pr Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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