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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

It is Gain Rs. 100. But % of Gain on what? On Cost or On Sell.If % of Gain on Cost then 25% or % of Gain on Sell then 20% 

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