Question

A table is bought for rs.400/- and sold at rs.500/- find gain or loss percentage

Answer 1

Hey mate !!!

Here is the solution of your question :-

CP of table = Rs. 400

SP of table = Rs. 500

Profit = SP - CP

=> 500-400

=> 100

Profit% = (profit/ CP × 100)%

=> (100/400×100)%

=> (100/4)%

=> (50/2)%

=> 25%

$profit\% = \: 25 \:\%$

Hope it will help...

Mark it as a brainleist...

Answer 2

Answer:

The gain percentage is 25%

Step-by-step explanation:

Given that,

• Table is bought for Rs 400
• And it is sold for Rs 500

As sold price is greater than bought price,there will be a gain.

To know the gain percentage we need to use the below formula

Gain% = ( selling price - cost price) x 100÷ cost price

Here,

• Selling price = 500rs
• cost price = 400rs

Substitute the below values in the formula

Gain percentage = (500-400) x 100 ÷ 400

= (100 x 100) ÷ 400

= 10000 ÷ 400

= 25%

Gain percentage. = 25%

Hence, the gain percentage is 25%