Question

a man bought a refrigerator for 35615 and paid 125on it's transportation . He sold it for 33953. Find the gain and loss percent

Answer 1

cp of refrigerator = 35615+125 =35740
sp = 33953
cp>sp
so there is loss
loss = 35740 - 33953 = 1787
loss % = 1787×100/35740 = 17870/3574
= 5%

Answer 2

The loss% is 5%

Step-by-step explanation:

Cost price of refrigerator = Rs.35615

Transportation cost = Rs.125

Total cost = 35615 +125=Rs.35740

Selling price of refrigerator =Rs.33953

SP<CP

So, Loss

Loss% =$\frac{CP-SP}{CP} \times 100$

Loss% = $\frac{35740-33953}{35740} \times 100$

loss% = 5%

Hence The loss% is 5%

#Learn more:

Shankar bought a second hand refrigerator for 2500 he spent 500 on its repair and sold for 3300 find loss or gain percent​

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