A man bought a car for 75,000. He spent 79,000 on repairs and spent 1,500 on
other things. He sold the car for 1,20,000. Find his gain percent
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Step-by-step explanation:
Total C.P. of a car = Rs. 75000 + Rs. 9000 + Rs. 1500 = Rs.85500
Given, S.P. = Rs. 120000; [which is less than total cost price]
Therefore, gain = Rs. 120000 - Rs. 85500 = Rs. 34500
Also, gain% =
total C.P.
gain
×100%
=
85500
34500
×100=40%
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