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A shopkeeper purchases supplies from a supplier. The supplier sells 750 units of bags to the shopkeeper after gaining the sale price of 125 units of bags. What is the gain percentage of the supplier?

  1. A
    22%
  2. B
    15%
  3. C
    20%
  4. D
    16%

Solution & Step-by-step Explanation

Let the selling price (SP) of 1 unit of bag be 750
The gain is equal to the selling price of 125 units of bags:

Gain= 625
Now, calculate the gain percentage:

Gain Percentage=(
CP
Gain

)×100
Gain Percentage=(
625
125

)×100=
5
1

×100=20%

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Try it yourself before checking the explanation above.

A shopkeeper purchases supplies from a supplier. The supplier sells 750 units of bags to the shopkeeper after gaining the sale price of 125 units of bags. What is the gain percentage of the supplier?
A
22%
B
15%
C
20%
D
16%

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