A shopkeeper bought a chair for ` 375 and sold it for ` 400. Find the gain Percentage

Question

A shopkeeper bought a chair for ` 375 and sold it for ` 400. Find the gain Percentage
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

Step 1: First, we need to find out how much the shopkeeper gained from selling the chair. We do this by subtracting the cost price from the selling price.

So, Gain = Selling Price - Cost Price Gain = 400 - 375 Gain = `25

Step 2: Next, we calculate the gain percentage. The formula for gain perce Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

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

This problem has been solved

Similar Questions

A shopkeeper bought a chair for ` 375 and sold it for ` 400. Find the gain Percentage

A shopkeeper bought 180 pens for ₹1200 and sold them at ₹9 each. What is the percentage profit?   0.1

A shopkeeper bought an article and sold it at a gain of 10%. If he had bought it at 20% less and sold it 30 rupees more, he would have made a profit of 45%

Find the percentage gain or loss when the dot pens bought for Rs. 96 per dozen were sold atthe rate of 10 for Rs. 90?

A guy bought 10 pencils for Rs. 50 and sold them for Rs. 60.What is his gain in terms of percentage?

1/3