a man sold 250 chairs and had a gain equal to selling..., Profit and Loss, General Mathematics

Question:A man sold 250 chairs and had a gain equal to selling price of 50 chairs. His profit is percent is:

A 5 % 
B 10 % 
C 25 % 
D 50 %

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+ AnswerC

+ ExplanationGain = (S.P of 250 chairs) - (C.P of 250 chairs)
`:.` (S.P of 250 chairs) - (C.P of 250 chairs) = S.P of 50 chairs
S.P of 200 chairs = C.P of 250 chairs
Let C.P of each article be tk 1
   C.P of 200 chairs = tk 200
   S.P of 200 chairs = tk 250
Gain % = `(50/200xx100)`% = `25`%

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