Free Aptitude Question Peter buys a bag at the price of Rs 27.50. After some days, he sells it at the price of Rs 28.90. What is the percentage of his gain?
Cost price of the bag is Rs 27.50 and Selling price is Rs 28.90.
So, Peter gains Rs (28.90 – 27.50) = Rs 1.40.
Percentage of gain = (1.40/27.50 × 100)% = 140/27.5 % = 5.09 %
