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

Gain = 500 - 400 = 100
Gain % = Gain x 100 / Cost Price  = 100 x 100 / 400  = 25 %

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