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

Its a Gain(Profit) . As Gain %age= (S.P—C.P)/ C.P *100 =25% where C.P=400 S.P=500 So. I go with option B

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