Question

A man buy a car for 80000 and spend 20000 more repairing. He sells it for 125000.find his gain percent.

Answer 1

Given:

• The man buys the car for  80000 units.
• For repairing the car, the man spends 20000 units.
• The man sells the car for 125000 units.

To find:

The gain percent of the man.

Solution:

The man buys the car for 80000 units.

For repairing the car, the man spends 20000 units.

∴ Total expenditure of the man for the car_

(80000 + 20000) units.

= 100000 units.

The man sells the car for 125000 units.

∴ Gain = (125000 - 100000) units

          = 25000 units.

∴ Gain % = (25000×100)/100000

               = (25000/1000)

             = 25 %.

∴ The gain of the man is 25 %.

Answer:

          His gain is 25%.