If a man sells an article for Rs 50.60 which is purchased by him for Rs. 44,…

2016

If a man sells an article for Rs 50.60 which is purchased by him for Rs. 44, find his gain percentage.

  1. A.

    20%

  2. B.

    24%

  3. C.

    15%

  4. D.

    12.5%

Attempted by 15 students.

Show answer & explanation

Correct answer: C

Gain = 50.60 - 44 = 6.60. Gain percentage = 6.60 / 44 x 100 = 15%.

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