Appu bought an old car for rs. 115000 and spent rs. 15000. then he sold it for rs. 135000.find his gain percent
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Answer: 3.8% (Approximately)
Step-by-step explanation:
Total money spent on buying and refurbishing the car=115000+15000=1,30,000
Money in which he sold the car=135000
Profit or gain percentage
P×130000×100
P= 135000-130000
5000
Hence answer = 5000÷130000×100= 3.8% (Approximately)
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