Question

A man bought a car for ₹50000.he spent ₹ 4000 on repairs and ₹ 800 on other heads.he sold the car for ₹63020. Find his gain per cent.

Answer 1

Answer:

15%

Step-by-step explanation:

•Cost price=CP+overhead expence

₹50000+₹4000+₹800=₹54800

•Selling price=63020

•Profit =SP-CP=63020-54800=8220

•P%=profit/ Cost price× 100%

=8220/54800×100=15%