Question

Alfred buys an old scooter for rs. 3500 and spends rs. 500 on its repairs. If he sells the scooter for rs. 5000, his gain percent is:

Answer 1

$\huge{\fbox{\fbox{\bigstar{\mathfrak{\red{hello}}}}}}$

CP = ₹3500

Repairs = ₹500

Total CP = ₹3500+₹500

Total CP = ₹4000

SP = ₹5000

Gain = ₹5000-₹4000

Gain = ₹1000

Gain% = (Gain/CP) × 100

Gain % = 25%

Answer 2

Step-by-step explanation:

Vibhor bought a second hand scooter for Rs. 3500 and spent Rs. 500

on its repairs, He sold the scooter to Madan for Rs. 5000. What percent did Vibhor gain?