Question

Amita purchased a second hand scooter for 9800 she spent 600 on its repairs and sold it at a profit of 8% find the s.p and the amount of money she gained

Answer 1

sp=(100+profit/100) x cost price
sp= (100+8/100) x 9800+600
sp= 1.08 x 10400
sp= 11232

gain price= 11232 -10400
gain price = 832