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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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