davis brought a second hand cycle for ₹ 500 he spend ₹80 for repairing and 175 for repainting he sold it to John for ₹900 find his gain or loss
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0
Answer:
Rs.145 gain
Step-by-step explanation:
CP of cycle = Rs.500
Overhead charges = Rs.(80+175) = Rs.255
Total CP = Rs.(500+255) = Rs.755
SP of cycle = Rs.900
Gain = Rs.(900-755) = Rs.145
Answered by
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Step-by-step explanation:
CP of cycle = ₹500 + ₹80 + ₹175
= ₹ 755
SP of cycle = ₹900
here CP < SP
Hence Davis had a gain
Gain = SP - CP
= ₹(900 - 755)
= ₹ 145
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