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

No Comments