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

Sale Price  = 500
Buy Price  = 400
Profit  =  500 - 400 = 100
Profit %  = (Profit / Buy price) X 100 = (100/400) X 100 = 25%

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