Question

A nan brought a cow for $200 and sold it to gain $50. What was his gain as a percentage of the cost price?​

Answer 1

25%

Explanation:

Given that,

The cost price of a cow, CP = $200

Gain = $50

We need to find the gain percentage of the cost price.

SP = CP + gain

= 50 + 200

= $250

`\text{Gain}\%=\frac{\text{Gain}}{CP}* 100\\\\=(50)/(200)* 100\\\\=25\%`

So, the gain percent is 25%.