Question

Dilip bought a second hand scooter for 23.800. He spent 750 in repairs and 500 in
painting. Then he sold it to Mohit for 28.900. How much did he gain or loss?​

Answer 1

$\bf{\underline{Answer}}:$

Given :

Cost price of Scooter : Rs. 23,800

Repairing and Painting Cost : Rs. 750 + 500

: Rs. 1250

Cost price of Scooter : Rs. 23,800 + 1250

: Rs. 25,050

To Find :

Gain or Loss

Solution :

C.P = Rs. 25,050

S.P = Rs. 28,900

Since, S.P > C.P. It is a Gain.

= S.P - C.P

= Rs. 28,900 - 25,050

Gain = Rs. 3,850

$\bf{\underline{Know \: more}}:$

☯︎ How to find?

• First, You should find the total cost.

Scooter Price + Repair/Painting cost = x price.

• Next, To find the Gain or Loss

Compare C.P and S.P

• If the C.P is more it is a loss. If the S.P more it is gain.
• C.P - S.P = Loss
• S.P - C.P = Gain