Question

A student buys a pen for ₹ 100 and sells it for ₹ 125. The amount of gain or loss is ₹ and percentage of gain or loss is .

• A. 15
• B. 15%
• C. 25
• D. 25%

Answer 1

Answer: (C), (D)

The correct options are
C 25
D 25%

Given that,
Cost price of pen (C.P) = ₹ 100
Selling price of pen (S.P) = ₹ 125
As, S.P > C.P,
Profit = S.P - C.P
= ₹(125 - 100)
= ₹ 25
Hence, the amount of gain is ₹ 25.

$\therefore \frac{Profit}{C.P}=\frac{ProfitPercent}{100}$

$\frac{25}{100}=\frac{ProfitPercent}{100}$
% Profit = 25 %
Hence, the profit percentage is 25%.