Ajay bought a sewing machine for 2500 rupees and sold it for 3000 rupees. Find his gain percent.
Ajay bought a sewing machine for 2500 rupees and sold it for 3000 rupees. Find his gain percent.
Gain = Selling Price - Cost Price = 3000 - 2500 = 500. Gain percent = (Gain / Cost Price) x 100 = (500/2500) x 100 = 20%.
Re-check your working by substituting the answer back into the original question.