Sapna purchased a cycle for Rs 1000 and sold it for Rs 1200. Find her Gain%

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Sapna purchased a cycle for Rs 1000 and sold it for Rs 1200. Find her Gain%

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Step-by-step explanation:CP of cycle is 1000₹

selling price of cycle is 1200₹

profit = selling price – cost price

1200 – 1000

profit = 200₹

to find profit% = profit÷ cp ×100

200÷1000×100

you will get profit% is 20%