A man bought a car for R8.80ooo.
He paid 2% of the cost price to the
brokers and spend Re 3, 400 on sosial
on the repair of the car the he sold!
it for R8 91,800 find his gain percentage.
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Answer:
8%
Step-by-step explanation:
CP of car = Rs.80,000
Money spent on brokers = 2% of 80000 = 2/100 × 80000 = Rs.1600
Money spent on repair of car = Rs.3400
Total Overhead charges = Rs.(1600+3400) = Rs.5000
Hence, total CP = Rs.(80000+5000) = Rs.85,000
SP of car = Rs.91800
Gain = Rs.(91800-85000) = Rs.6800
Hence, gain% = (6800/85000 × 100)% = 8%
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