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A man buys an article of $27.50 and sells it for $28.60 What is his gain.?

  1. 3%
  2. 4%
  3. 6%
  4. None of these

3 percent of 27.50? = 0.825.
27.50*(3/100) =0.825 => 27.50+0.825 =>28.325
27.50*(4/100) =1.1 => 27.50+1.1 =>28.60
27.50*(6/100) =1.65 => 27.50+1.65 =>29.15

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