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

Jsut to explain in lamen
Profit in rupees is Rs.100
If profit was 400 then profit would be 100%
here since profit is 100, profit % would be
100 * (100/400) = 25%
Or as explained in the other answer using formula (S.P-C.P)/C.P*100

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