Question

A person bought a second hand TV set for rs 5000. He spent rs 500 on its transportation and rs 300 on its repair .He then sold it for rs 5500.Find the loss or gain percentage​

Answer 1

Answer:

CP = 5000 + 500 + 300 = 5800 ( extra expenses)

SP = 5500

CP>SP

Loss = CP - SP

Loss = 5800-5500= 300

Loss % = Loss/ CP * 100

Loss%= 300/5800 * 100

= 5.17%

Answer 2

Answer:

Step-by-step explanation:

CP= 5000+500+300

= ₹5800

SP= ₹5500

CP >SP

Loss = CP-SP

= 5800-5500

=300

Loss % = 300/5800×100

=5.17%.