# A tricycle was purchased for Rs.1120 and sold for Rs.1260 . Find the gain and gain percent.

**Given**: A tricycle was purchased at = Rs 1120

It was sold at = Rs 1260

**To do**: Find the gain and gain percent

**Answer**

Cost price of tricycle = CP = Rs 1120

Sale price of tricycle = SP = Rs 1260

Gain = SP - CP = 1260 - 1120 = Rs 140

Gain% = $\frac{Gain}{CP} \times 100 $

= $\frac{140}{1120} \times 100 $

= $ 12.5%$

**So Gain = Rs 140 and Gain % = $12.5%$**

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