Find the gain percentage, given that Anubha sold her scooter for ₹31,524 gaining of the selling price.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 20%.
Gain = (1/6) × 31524 = ₹5254
Cost Price = 31524 - 5254 = ₹26270
Gain Percentage = (5254/26270) × 100 = 20%