a man purchased an old Scooter for rupees 14625 and spent rupees 3225 on its repairs. then he sold it for 16422 .find his gain or loss percent
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He Had A Great Loss Because
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SOLUTION:
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Total C.P. = 14625 + 3225 = 17850
S.P. = 16422
Since, S.P. < C.P. , there is a loss
Loss = 17850 - 16422 = 1428
Loss % = (1428 x 100) / 17850 = 8%
So, Loss = 8%
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