Question

a machine was purchased for rs 3750 and rs 250 were paid for its transportation .if it is sold at a gain of rs 40 ,find the gain per cent

Answer 1

CP = 3750+250
= 5000
Gain =₹40
SP. = ?
SP=(CP-Gain)
SP = ( 5000 - 40 )
SP = 4960
Gain% = Gain× 100
cp
= 40 × 100
5000
gain = 0.4 %