An article is purchased for ₹200 and sold for ₹350.The percentage gain will be:

Correct option is D

Given:

Cost Price (CP) = ₹200
Selling Price (SP) = ₹350

Formula Used:

Percentage Gain$$= \left( \frac{SP - CP}{CP} \right) \times 100$$​

Solution:

Percentage Gain $$= \left( \frac{350 - 200}{200} \right) \times 100 = \left( \frac{150}{200} \right) \times 100 = 75\%$$

Alternate Method:

​Profit % = $$\frac 34 \times 100\% = 75\%$$​