Question : An article is bought for Rs. 600 and sold for Rs. 900. Find the gain percentage.
Option 1: 40%
Option 2: 50%
Option 3: 55%
Option 4: 45%
Answer (1)
23rd Jan, 2024
Correct Answer: 50%
Solution :
Given that the article was bought for Rs. 600 and sold for Rs. 900,
⇒ Profit = Selling price − Cost price = Rs. 900 − Rs. 600 = Rs.300
We know that, Gain percentage = $\frac{\text{Profit}}{\text{Cost price}}$ × 100
= $\frac{300}{600}$ × 100 = 0.5 × 100 = 50%
Hence, the correct answer is 50%.
Comments (0)
Related Questions
Know More about
Staff Selection Commission Multi Tasking ...
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Get Updates Brochure
Thank You!
Your Staff Selection Commission Multi Tasking Staff Exam brochure has been successfully mailed to your registered email id “”.
Upcoming Exams
Admit Card Date:
18 Nov, 2024
- 25 Nov, 2024
Mains Exam
Admit Card Date:
23 Nov, 2024
- 30 Nov, 2024
Admit Card Date:
21 Nov, 2024
- 6 Dec, 2024
Mains Exam
Exam Date:
14 Dec, 2024
- 14 Dec, 2024
Exam Date:
19 Dec, 2024
- 29 Dec, 2024
Trending Articles around SSC MTS
SSC CGL 2024-25 : Tier 1 Result (Soon), Cutoff, Answer key
51 minutes ago
