Question

11. Mukesh bought a table for 3,250 and paid 350 for its transportation. Then, he sold it for 34000. Find his gain or loss percent.​

Answer 1

Cost price = Purchase price + Other expenses CP= 3250 + 350 = Rs. 3600 SP = Rs. 4000 Here, SP > CP Therefore, Profit= Sp-Cp = 4000 - 3600 = Rs. 400 Profit% = Profit/CP*100 = 400/3600*100 = 11.11%