A man buys an article for Rs. 27.50 and sells it for Rs. 28.60. Find his gain percent:
Q1. A man buys an article for Rs. 27.50 and sells it for Rs. 28.60. Find his gain percent:
Answer: 4%
Explanation: Gain = Rs. 28.60 − Rs. 27.50 = Rs. 1.10; gain% = (1.10/27.50) × 100 = 4%.