Question

If Shahid bought a table for Rs. 200 and sold it for Rs. 250, then, what is his gain percentage?
1. 45 %
2. 25 %
3. 35 %
4. 15 %

Answer 1

Correct Answer - Option 2 : 25 %

Given:

Shahid bought the table in Rs. 200 

Shahid sold the table in Rs. 250

Formula Used:  

Profit% = (Profit × 100)/C.P.

Profit = S.P. - C.P.

Calculation: 

Profit = 250 - 200 = 50

Profit% = (Profit × 100)/C.P.

⇒ (50 × 100)/200 = 25 % 

∴ Profit % is 25