By selling an article for ₹2352, one gains ₹752. What is the gain percent?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 47%.
C.P. = S.P. - Gain
⇒ C.P. = 2352 - 752
⇒ C.P. = Rs.1600
Profit% = (Profit/C.P.) × 100
⇒ Profit% = 752/1600 × 100
⇒ Profit% = 752/16
⇒ Profit = 47%