1.

1. A person buys a book for 200 and sellsit for 225. What will be his gain percent?(a) 13%(b) 14%(c) 18.4%(d) 12.5%​

Answer»

ANSWER :-

  • The profit percentage of the book is 12.5%.

[ Option. (d) ] is correct.

Step-by-step explanation:

To Find :-

  • The gain percentage of the book

Solution:

GIVEN that,

  • COST PRICE of a book = Rs. 200
  • Selling price of the book = Rs. 225

Therefore, The profit :-

As we know that,

Profit = S.P. - C.P.

Where,

  • S.P. = Selling price
  • C.P. = Cost Price

=> Profit = ( S.P. - C.P. )

=> Rs. 225 - Rs. 200

=> Rs. ( 225 - 200 )

=> Rs. 25

Now, The profit percentage is,

As we know that,

Profit percentage = { Profit/Cost Price} × 100,

=> { 25/200 } × 100

Cancelling the common ZEROS of 200 and 100

=> 25/2

=> 12.5

Hence,

  • The profit percentage of the book is 12.5%.

Know more :-

Some more information related to profit and loss :-

  • Profit = Selling price - Cost Price
  • Loss = Cost Price - Selling price
  • Profit percentage = { Profit/Cost Price } × 100
  • Loss percentage = { Loss/Cost Price } × 100.


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