A person buys a book for ₹ 200 and sells it for ₹ 225. What will be his gain percent?

Question

Accepted Answer

Given that, CP = ₹ 200 and SP = ₹ 225
Profit = SP - CP = 225 - 200 = ₹ 25
∴ Gain% = [profit/CP] x 100%
= (25/200) x 100% = 12.5%

Discussion & Comments