Find the gain percentage, given that Nidhi sold her scooter for ₹80442 gaining th of the selling price.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 20%.
Gain = of selling price = × 80442 = 13407
Cost price = Selling price − Gain = 80442 − 13407 = 67035
Formula: Gain % = (Gain ÷ Cost price) × 100
Gain % = (13407 ÷ 67035) × 100 = 20%