Question

5. Robin purchased an old car for * 73500. He spent * 10300 on repairs and paid 2600 for
its insurance. Then he sold it to a mechanic for 84240. What was his percentage gain or
loss?
Hint. Overheads = (10300 + 2600) = 12900.​

Answer 1

Answer:

CP of the car: Rs 73,500

Amount spent on repair = Rs 10,300

Amount spent on insurance = Rs 2,600

Overheads = Rs 12,900

Hence, total amount spent = Rs 86,400

SP of the car: Rs 84,240

CP > SP

Hence,

Loss = Rs 86,400 - Rs 84,240 = Rs 2,160

Loss % = Rs 2160/86,400 x 100

= 2.5% loss

Please mark my answer as the brainliest!!!