By selling an article for Rs. 2200, a profit of 10% is earned. If the same article is sold for Rs. 2600, then what will be the gain percentage?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 30%
By selling an article for Rs. 2200, a profit of 10% is earned,
CP of an article = 2200 × 100/110 = 2000.
Now the selling price of an article = 2600
Profit % = 600/2000 × 100 = 30%.