Question

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

Answer 1

Total C.P. = 4700+800
=Rs.5500
sp=Rs.5800
profit=sp-cp
=5800-5500
=Rs.300
p%=p\cp*100
=300/5500*100
=5.45%

Answer 2

Cost of scooter = 4700
Spend on repairs = 800
Total C.P = 4700+800
= 5500
Total S. P = 5800
Profit = S.P - C.P
= 5800-5500
= 300
Profit % = 300/5500 × 100
= 5.45%