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
- Deepshikha
- 15 Apr
- 2032 Answers
2032 Answers
2032 Answers
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b.25%gain0Modal content
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250Modal content
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(b) 25% Gain.
Gain = Selling price - Cost price
= 500 - 400
= Rs.100
Gain % = (Gainx100) / Cost price
= (100x100)/400
= 25%0Modal content
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25%0Modal content
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(b) 25% Gain0Modal content
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It's gain no loss because if he bought the table for 400 and he selled for 500 it's a gain because he is getting Rs.100 profit.0Modal content
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(B)0Modal content
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B0Modal content
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(b) 25% gain0Modal content
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100×100/400=25%gain0Modal content
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20%0Modal content
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25%gain0Modal content
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gain= 100 , sp= 500 cp= 400
gain%= sp-cp/cp*100
=25%0Modal content
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(b) 25% gain0Modal content
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25% gain0Modal content
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25 lose0Modal content
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25%0Modal content
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25% gain0Modal content
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25% profit B0Modal content
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Since table is sold for Rs 100 more than the price paid for purchasing there is gain. Gain in percentage terms is 25% which is Rs 100 divided by cost price of the table which is Rs 400. If we talk about contribution which is calculated over Sales price it is 20% 100/500.0Modal content
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