Difficulty: Easy
Correct Answer: 5.45%
Explanation:
Given
Step 1: Total costCP = 4700 + 800 = Rs. 5500
Step 2: ProfitProfit = SP − CP = 5800 − 5500 = Rs. 300
Step 3: Profit percentProfit% = 300 ÷ 5500 × 100 = 30000 ÷ 5500 ≈ 5.45%
Final Answer: Gain percent ≈ 5.45%.
Discussion & Comments