122k views
4 votes
لیست داده و

A man buys an article for Nu.
sells Nu.28.30
29.30. Find
gain percent?
Find his gain percent​

User Anthares
by
8.3k points

1 Answer

6 votes

Given parameters:

Cost price of the article = Nu.28.30

Selling price of the article = Nu.29.30

Unknown:

Gain percentage = ?

The gain percentage is the same as the percentage profit on a trade.

The formula is given as:

Gain percentage =
(Profit)/(Cost price) x 100

Profit = Selling price - Cost price

= Nu.29.30 - Nu.28.30

= Nu. 1

Now input the parameters and solve;

Gain percentage =
(1)/(28.3) x 100

= 3.5%

The gain percent is 3.5%

User Vkraemer
by
9.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories