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

(b) 25% Gain.
Gain = Selling price - Cost price
        = 500 - 400
        = Rs.100
Gain % = (Gainx100) / Cost price
            = (100x100)/400
            = 25%

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