Question

A man purchased a scooter for ₹47, 000 and spent ₹3, 000 on its repair. He sold it for ₹52, 000. What is his gain / loss per cent

Answer 1

Profit of 4 %.

Step-by-step explanation:

CP = ₹47,000.

Repairing cost = ₹3000

Total money spent on scooter

= ₹(47000+3000)

= ₹50,000

SP = ₹52,000

Since, SP>CP , therefore there is a profit.

Total profit = SP - CP

= ₹(52000 - 50000)

= ₹2000.

Profit percentage = 100 × Profit / CP

= 100 × ₹2000/₹50000

= 4 %

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Answer 2

Answer:

his gain of Rs2000

Step-by-step explanation:

purchased price=rs 47000

spend on repairing=Rs 3000

total=47000+3000

=50000

sold price=Rs 52000

in percent =2000/50000*100

=4 %