1) Ravi purchased an old scooter for RS 12000 and spent Rs 2850 for repairs. Then he sold it to his friend for RS13680.How much percent did he gain or loss?
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Ravi purchased an old scooter for Rs. 12000
Over handling=Rs. 2850
Total CP =Rs. 14850
SP=Rs. 13860
Loss=CP-SP
=14850-13860
=Rs. 990
Loss%=Loss/CP×100
=990/14850×100
=6.67%
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