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A man purchased a ratio for …

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A man purchased a ratio for 1250and sold it for 1600 find his gain or loss percent

Posted by Annu Raj 8 months, 2 weeks ago

CBSE > Class 08 > Mathematics

2 answers

Mayank Dhruw 8 months, 1 week ago

To find the gain or loss percent, we first need to calculate the profit or loss made by the man. Profit = Selling Price - Cost Price Given: Cost Price (CP) = ₹1250 Selling Price (SP) = ₹1600 Profit = SP - CP Profit = ₹1600 - ₹1250 Profit = ₹350 Now, to find the gain percent: Gain Percent = (Profit / Cost Price) * 100 Substitute the values: Gain Percent = (350 / 1250) * 100 Calculate: Gain Percent = (0.28) * 100 Gain Percent = 28% So, the man made a profit of 28%.

M.K Sanjai 9Th 8 months, 1 week ago

1250-1600 =350 350÷1250×100

ANSWER

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