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

Step-by-step explanation:

Cost price (C.P) =Rs.(  4700+800  )=Rs.5500.

Selling price (S.P) =Rs.5800.

Gain =(S.P)−(C.P)=Rs.(  5800−5500 )=Rs.300.

Gain %= $\frac{300}{5500}$  ×100%= $\frac{60}{11}$ %

Answer 2

Given:-

• Alfred buys an old scooter for Rs. 4700 and
• spends Rs. 800 on its repairs.
• Hee sells the scooter for Rs. 5800.

⠀

To find:-

• His gain percent.

⠀

Solution:-

Here,

• CP of old scooter = Rs.4700
• Repairing cost = Rs.800

⠀

According to the question,

★Total cost of old scooter:-

→ Rs.4700 + Rs.800

→ Rs.5500

→ SP of scooter = Rs.5800

→ SP>CP

→ Profit = SP - CP

→ Rs.5800 - Rs.5500

→ Rs.300

→ Profit% = 300/5500 × 100

→ Profit% = 5.45%

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Hence,

• his gain% is 5.45%.