Question

Alfred buys an old scooter for Rs 4700 and spend Rs800 on its repairs. if the scooter for Rs5800,his gain percent is​

Answer 1

Answer:

Whenever we get this type of question, we should have formula in mind that,

Gain% = (gain/cost)*100

Cost = 4700 + 800 = Rs. 5500

S.P. = Rs. 5800

Profit = 5800 - 5500 = 300

Gain%=3005500∗100=5511%

Answer 2

Answer:

cp of scooter =4700+800=5500

gain made is 5800-5500=300 rs .

gain percent = 300/5500 × 100.

gain/cp ×100