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

Profit = Sale price - cost price = 500-400 = 100 %profit = profit/cost price×100 = 100/400×100 =25% gain

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