Question

Hari purchased a bed for Rupees 5580 and paid rupees 170 for transportation then he sold it for rupees 6440 find his gain percent

Answer 1

Cost price =5580 + 170 = rs 5750

selling price = rs 6440

sp>cp

so Profit exists on the question.

we know that

Profit = selling price - cost price

= 6640 - 5750

= rs 890

profit percentage

= (profit/cost price)×100

= (890/5750)×100

= 15.47% ans

I hope it is helped you

Answer 2

actual cost of the bed =5580
amount paid for transportation= 170
hence total amount spent on the bed= 5580+170 = 5750
hence gain = sale price - amount spent
= 6440 - 5750
=Rs 690
gain%= (690/5750) ×100
=12%