Rajesh gains 70 paise on selling an item of Rs. 70. His gain percent is:
2017
Rajesh gains 70 paise on selling an item of Rs. 70. His gain percent is:
- A.
0.1%
- B.
1%
- C.
7%
- D.
10%
Attempted by 27 students.
Show answer & explanation
Correct answer: B
Gain percent = gain / cost price x 100 = 0.70 / 70 x 100 = 1%.