A man buys a toy car for ₹135 and sells it for ₹150, find his gain percentage.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 11.11%.
Cost price = 135
Selling price = 150
Gain percentage = (Selling price - Cost price)/Cost price × 100
Gain percentage = (150 - 135)/135 × 100 = 11.11%