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A mobile is bought for Rs.4900 and sold at Rs.7105. Find the gain percentage.
Question

A mobile is bought for Rs.4900 and sold at Rs.7105. Find the gain percentage.

A.

47

B.

51

C.

49

D.

45

Correct option is D

Cost Price (CP) = 4900
Selling Price (SP) = 7105

Gain = SP − CP
= 7105 − 4900
= 2205

Gain % = (Gain / CP) × 100

= (2205 / 4900) × 100
= 45%

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