Madhya Pradesh Police Exam Model Paper 7

Question : 83 of 100

Marks: +1, -0

Mr. Mahesh buys a toy for Rs. 25 and sells it for Rs. 30. Find the gain percentage.

Solution:

Given:
CP of toy = Rs. 25
SP of toy = Rs. 30
Formula used:
Profit percentage

= [(SP - CP){/}CP] × 100%

Calculations:
Profit percentage

= [(30 - 25){/}25] × 100%

⇒ Profit percentage

= [5{/}25] × 100%

⇒ ∴ Profit percentage = 20%

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