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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

Since S.P>C.P,so this is an profit. Hence to Calculate profit,profit=S.p-C.P To find percentage of profit, %profit=(S.P-C.P)/C.P×100 Therefore answer is 25%Gain

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