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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

Your Answer

Selling Price is more, hence it is gain.
So Gain% formula is = (S.P-C.P)/C.P*100 = 25%

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