A chair is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage Choose the correct choice from the following choices
A) 15% loss B) 20% gain C) 25% gain D) 30% gain E) 35% gain
Formula = (Selling price ~ 25% gainost price)/25% gainost price * 100   = (500 - 400)/400 = 25% gain   25% gain
<result>C</result>
A chair is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage