Calculate the percentage gain if a trader bought a bicycle for Rs.550 and sold it for Rs.650? Options:
A) 11.18%  B) 13.18%  C) 18.18%  D) 19.18%  E) 12.18%
C.P. = 500   S.P. = 650   Gain = 650-550 ---- 100   % Gain =&gt; 100/550*100 =&gt; 18.18%   Answer:18.18%
<result>C</result>
Calculate the percentage gain if a trader bought a bicycle for Rs.550 and sold it for Rs.650?