A table is bought for Rs.400/- and sold at Rs.550/- find gain or loss percentage
Choose the correct choice from the following answers:
A) l10%oss B) 30%gain C) 37.5%gain D) 10%loss E) 25% loss
Formula = (Selling price ~ 37.5%gainost price)/37.5%gainost price * 100   = (550 - 400)/400 = 37.5% gain   37.5%gain
<result>C</result>
A table is bought for Rs.400/- and sold at Rs.550/- find gain or loss percentage