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:

a.b)

c.10%

d.12%

Answer 1

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Here is the solution:

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Find the total cost of the scooter:

Total cost = 4700 + 800 = Rs 5500

Find the Gain:

Selling Price = Rs 5800

Gain = Selling Price - Total Cost

Gain = 5800 - 5500 = Rs 300

Find the gain percentage:

Gain Percentage = Gain/Cost x 100

Gain percentage = 300/5500 x 100 = 5.45%

Answer: The gain is 5.45%

Answer 2

cp of scooter =4700
rupees spend on repair=800
actual cp=
$4700 + 800 =5500$
sp of scooter=5800
gain =sp
$sp > cp$
gain=sp-cp
5800-5500
gain=300

$gain\% = gain \times 100\% \div cp$
$300 \times 100 = 30000 \div 5500 = 5.45\%ans$