Question

arjun bought a laptop for 18000 and spent 1500 on it spares.he later sold it for 20500.find his gain or loss percent

Answer 1

Cost of laptop=18000
Amount spent on spares= 1500
Selling price of the laptop=20500
Gain or Loss=18000+1500-20500
195000-20500
Gain = 1500

Gain %=1500/19500*100
=

Answer 2

His gain% is 5.128%

Step-by-step explanation:

Cost price of Laptop = Rs.18000

Amount spent on its spares = Rs.1500

So, Total Cost price = Rs.18000+rs.1500= Rs.19500

Selling price = rs.20500

SP>CP

So, Profit

$Profit\% =\frac{Sp-Cp}{CP} \times 100$

$Profit\% =\frac{20500-19500}{19500} \times 100$

$Profit\%=5.128\%$

Hence His gain% is 5.128%

#Learn more:

Ronny bought almirah for 6250 and spent 375 on its repairs. He sold it for 6890.Find his gain or loss percent​

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