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Sapna purchased a cycle for Rs. 1,000 and sold it for Rs. 1,200. Her gain in percentage is :
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- 20%
- 10%
- 12%
- 40%
Correct Option: A
Given in question , C.P. of cycle = Rs. 1000
Its S.P. = Rs. 1200
Profit = Rs. (1200 – 1000) = Rs. 200
∴ Profit percent = | × 100 % | C.P. of cycle |
∴ Profit percent = | × 100 = 20% | 1000 |