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A man buys a toy for Rs. 25 and sells it for Rs. 30. What is his gain percentage?

A15%
B20%
C25%
D30%

Explanation

Profit = Selling Price (SP) – Cost Price (CP) = 30 – 25 = Rs. 5. Profit Percentage = (Profit / Cost Price) * 100 = (5 / 25) * 100 = 20%.

Exam Relevance
  • Topic: Arithmetic & Percentages
  • Subtopic: Profit and Loss
Submitted by: mcqstutor Team More Mathematics MCQs →

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