Question

2. A cycle was purchased for 2000 and 500 was spent on its repair. It was later sold for 2200. Find the gain or loss per cent.​

Answer 1

Cost prize of refrigerator =2500+500 = Rs.3000

Selling prize = Rs.3300

Gain =S.P.−C.P.=3300−3000=300

Therefore, Gain percent =

C.P.

gain×100

=

3000x 100/3000

= 10%

Answer 2

Answer:

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