Question

A machine was purchased for Rs. 445 and Rs. 25 were paid for
transportation, if it be sold for Rs. 517. Find the gain percent​

Answer 1

Answer:

8.24% profit while selling

Answer 2

Answer:

10%

Step-by-step explanation:

cost price of machine = Rs. 445

Extra expenses = Rs.25

(This is added to cost price)

Actual cost price = 445 + 25 = Rs.470

Selling price of machine = Rs. 517

clearly there's a profit as the selling price is more than the cost price

profit = Sp - Cp

517 - 470 = Rs. 47

profit percent = profit / Cp × 100

= 47 / 470 × 100

= 10 %