A man bought a scooter for Rs 1500 and spent Rs 500 on its repair . Then he sold the scooter at Rs 3000 . Find his gain or loss %
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CP = 1500
EXPENSES = 500
TOTAL EXPENSES = 2000 , this will be taken as new CP
SP = 3000
GAIN = SP - CP = 3000 - 2000 = 1000
GAIN % = GAIN × 100 / CP
= 1000 × 100 / 2000 = 50%
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Answer:
he gain 50%
Step-by-step explanation:
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