Multiple choice

If the cost price of a product is Rs. 25,000 and its selling price is Rs. 35,000, then what is the gain percentage?

  1. 28%

  2. 30%

  3. 38%

  4. 40%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Gain = SP - CP = 35,000 - 25,000 = 10,000. Gain percentage = (Gain / CP) * 100 = (10,000 / 25,000) * 100 = (1/2.5) * 100 = 40%.

AI explanation

The gain is calculated by subtracting the cost price from the selling price, so Gain = 35000 - 25000 = 10000. Apply the gain percentage formula: Gain Percentage = (Gain divided by Cost Price) multiplied by 100. Substituting the values gives (10000 divided by 25000) multiplied by 100, which equals 40 percent.

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