Davis bought a second hand cycle for Dhs 500. He spent Dhs 80 in repairs and
Dhs 120 in repainting. He then sold it to John for Dhs 900. How much did he
gain or Lose? (Over head charges)
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Answer:
He gained
Step-by-step explanation:
Cost of cycle= dhs 500
Money spent on repair= dhs 80
Money spent on repainting= dhs 120
Total amount spent on the cycle including over head charges= 500 + 80 + 120= 700
Davis gained by dhs-
900-700=200
Therefore he gained by Dhs 200
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