What is the Gain Percent of Ramesh

By selling 33m of cloth Ramesh gained the cost price of 11m. The gain percent is:

  1. 10%
  2. 20%
  3. 25%
  4. None of these
Monis Rasool Professor Asked on 21st May 2015 in Maths.
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  • 1 Answer(s)

    Answer;(4) None of these
    Ramesh sells the cloth = 33m

    Gained or profit = 11m

    Cost of cloth = 33 – 11 = 22 m

    Gain% = Gain x 100/C.P.                              Where C.P. is cost price

    11 x 100/22 = 50%              Ans.

    Hence, the gain percent is 50%.

    Anurag Mishra Professor Answered on 22nd May 2015.
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