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Cost price = ₹3750
Overhead charges = ₹250
Total Cost price = ₹3750+250=₹4000
SP = Cost price + 40
= 4000 + 40
= ₹4040
Gain % = profit/CP * 100
= 40/4000*100
=1%
Therefore, gain percent is 1%
Overhead charges = ₹250
Total Cost price = ₹3750+250=₹4000
SP = Cost price + 40
= 4000 + 40
= ₹4040
Gain % = profit/CP * 100
= 40/4000*100
=1%
Therefore, gain percent is 1%
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