Question

The gain or loss percent when a carriage, which cost Rs. $4000$, is sold for Rs. $5000$ is:

• A. $10$ $\%$ loss
• B. $25$ $\%$ loss
• C. $25$ $\%$ profit
• D. $35$ $\%$ profit
  

Answer 1

The correct option is C $25$ $\%$ profit

C.P $=$ Rs. $4000$,S.P $=5000$

S.P $>$ C.P

$\therefore \text{Profit}=5000-4000=$ Rs. $1000$

Profit $\%=$ $\frac{\text{profit}}{\text{CP}}\times 100$
$=\frac{1000}{4000}\times 100=25\%$