A table is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage
Select the correct option
A) 25% loss  B) 25% gain  C) 15% gain  D) 15% loss  E) None
Formula = (Selling price ~ Cost price)/Cost price * 100   = (500 - 400)/400 = 25% gain   25% gain
<result>B</result>
A table is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage