Question

Ashraf purchased an old bike for * 73500. He
spent 10300 on repairs and paid 2600 for its
insurances. Then he sold it to Shrafat for 84240.
What was his gain or loss per cent?​

Answer 1

Answer:

ans = 2.5 %

Step-by-step explanation:

cost price = 73500

spent on repair = 10300

insurance = 2600

total cost = 86400

selling price = 84240

C.P>S.P

loss = c.p - s.p

86400- 84240= 2160

loss% = loss/ c.p ×100

2160/86400×100 = 2.5 %