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

hey.
your solution is as follows.
asraf bike price= purcase price +repairs price+ insurance price.
asraf bike price= 73500+10300+2600.
.." ......". ...."........= 86400.
selling price = 84240.
it seems there is loss sp> tp
loss %= tp-sp/tp.
loss = .025*100 = 2.5%.