Practicing Success
Sandeep buys a toy car for ₹500 and sells it for ₹625. What is his gain or loss percentage? |
20% gain 20% loss 25% gain 25% loss |
25% gain |
Cost price of the car = 500 Selling price of the car = 625 Profit = 625 - 500 = 125 Profit% = 125 × \(\frac{100}{500}\) = 25% |