A toy is bought for Rs.950 and sold at Rs.1140. Find the gain percentage.
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 20%.
Gain% = (S.P. - C.P.)/C.P. × 100
also, Gain = S.P. > C.P.
Gain% = (1140 - 950)/950 × 100 = 20%