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

bike rate: 73500

with bike rate maintenance charge:
=73500+2600+10300
=86400

he sold= 84240

difference=86400-84240
=-2160

therefore the loss is -2160

Answer 2

brought for=73500
repair=10300
insurance=2600
total price=86400
sp=84240
loss%=loss/cp x 100
2160/86400 x 100
=2.5%