Question

A car dealer bought a second hand car for rupees 15000 on its repairs. He sold it for rupees 17000.Find his gain or loss percent

Answer 1

According to question

here, cp is smaller than sp

he repairs the car for rs15000

And sold it for rs 17000

gain= 17000-15000=2000

profit = 2000 As given cp = 15000


gain % = profit /CP ×100

$\frac{2000 \times 100}{15000}$
= 40/3
$13 \frac{1}{3} percent$
hope it helps you