Gain of 20% on SP is equal to what gain % on CP?
A20%
B25%
C30%
D33.33%
Explanation
If SP=100, Gain=20, CP=80. Gain% on CP = 20/80 * 100 = 25%.
Exam Relevance
- Topic: Profit and Loss
- Subtopic: SP vs CP Profit
No Comments