A table is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage
(a) 30% Gain (b) 25% Gain (c) 30% Loss (d) 25% Loss
- 92443 दृश्य
- 2032 उत्तर
Your Answer
Since table is sold for Rs 100 more than the price paid for purchasing there is gain. Gain in percentage terms is 25% which is Rs 100 divided by cost price of the table which is Rs 400. If we talk about contribution which is calculated over Sales price it is 20% 100/500.
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Rajeev
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