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
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2032 Answers

Your Answer

The table is sold for 100rs more than it's selling price.So its a profit/Gain
%Profit=(selling price-cost price)/Cost price*100
=(500-400)/400*100=25%gain

Akash
15 Apr
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A table is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage