cost price,
6. Ashraf purchased an old bike for 73500. He
spent 10300 on repairs and paid 2000, for its
insurances. Then he sold it 10 Shrafat for 3 842402
What was his gain or loss per cent?
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Answer:
old bike cost73500 money spent on repairs10300 money paid for insurance2600 sold84240 the total money he spent on the bike7350010300260086400 As the amount which he spent is more than the amount he got from selling the bike thus in this case ashraf is in loss loss86400-842402160
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