amit 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
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total cp = 4700+ 800 = 5500
sp = 5800
profit = 300
gain percentage = (gain / cp)*100
gain % = (300 /5500)*100
gain % = 5.45
sp = 5800
profit = 300
gain percentage = (gain / cp)*100
gain % = (300 /5500)*100
gain % = 5.45
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