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

Solutions :-

Given :

Cost of scooter = Rs 4700
Spend on its Repairing = Rs 800
So, Total cost price of scooter
= Rs ( 4700 + 800) = Rs 5500

Selling price of scooter = Rs 5800

Selling price is greater than the cost price.
Therefore, Profit

Profit = S.P - C.P
= Rs ( 5800 - 5500)
= Rs 300

Profit % = (profit × 100)/C.P %
= (300 × 100)/5500 %
= 30000/5500 %
= 5.45 % approx.

Hence,
The gain percent is 5.45 %

Answer 2

This question is related to Chapter- Profit and Loss.

So,

C.P of Scooter = Rs 4700

Expenditure or spend on Scooter = Rs 800

Therefore, Total C.P = C.P of Scooter + Money spend on it.

= Rs(4700+800)

= Rs 5500

In the question, It is given that S.P = Rs 5800

So,

Gain = S.P - C.P

= Rs(5800-5500)

= Rs 300

Now,

Gain % = (Gain x 100/C.P)%

= (300 x 100/ 5500)%

= (30000/5500)%

= 5.45454545 %

Or,

= 5.45%

So,

Gain % = 5.45454545% Or 5.45%

Things to remember for the whole Chapter :-

1. S.P = Selling Price

2. C.P = cost Price

3. M.P = marked Price

4. Gain = S.P-C.P

5. Loss = C.P-S.P

6. Gain% = (Gain x 100/C.P) %

7. Loss % = (Loss x 100/ C.P) %

8. S.P when Gain= ( 100+ Gain/100 x C.P)

9. S.P When Loss= (100-Loss/100 x C.P)

10. C.P When Gain = (100/100+Gain xS.P)

11. C.P When Loss = (100/100-loss x S.P)

Be Brainly