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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
6.5k 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
6.9k points