Question

1. Sohan bought a second hand
Refrigerator for 2,500/- then
spent 500/- on its repairs and
sold it for 3300. Find his loss or
gain percent
(2 Marks)​

Answer 1

Answer:

10%

Step-by-step explanation:

2,500+500=3000

3000-3300=300

3000 divide by 300 =10

answer is 10%

Answer 2

sᴏʟᴜᴛɪᴏɴ

cost price of the second hand refrigerator=2500 ruppes

repair price of the refrigerator=500 ruppes

therefore total cost price of the refrigerator=cost price+repair price=2500+500=3000ruppes

sold price =3300 ruppes

as sold price>cost price he made a gain on the refrigerator

gain =sold price-cost price

=3300-3000=300ruppes

gain percentage=gain/cost price×100

=300/3000×100%

=10%