SOLUTION: Nisha purchased a silver bracelet for rs 2000 and sold it at rs 2600 which includes 4 % VAT. FIND HIS GAIN OR LOSS PERCENT.

SOLUTION: Nisha purchased a silver bracelet for rs 2000 and sold it at rs 2600 which includes 4 % VAT. FIND HIS GAIN OR LOSS PERCENT.

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Question 1102713: Nisha purchased a silver bracelet for rs 2000 and sold it at rs 2600 which includes 4 % VAT. FIND HIS GAIN OR LOSS PERCENT.
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
2600/1.04=2500 selling price
2500-2000/2000=.25, or 25% profit
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