Question

a man purchased an old scooter for Rs 12000 and spend Rs 2850 on its overhauling. Then, he sold it to his friend for Rs 13,860. How much percent did he gained or loss?

Answer 1

CP=12000+2850=14850
SP=13,860
LOSS=CP>SP
LOSS=CP-SP
=14850-13860=990
LOSS%=LOSS/CP×100
990/12000×100=8.25%

Answer 2

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