Hari purchased an old bike for * 73500. He spent * 10300 on repairs and paid * 2600 for its insur
ances. Then he sold it to Deepak for 84240. What was his gain or loss per cent
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Step-by-step explanation:
cost price of bike = rs73500+rs10300+rs2600
= rs86400
selling price of bike = rs84240
since selling price < cost price
it is a loss
Loss%= loss price / cost price ×100
Loss price = 86400 - 84240
= 2160
loss%=2160/86400×100
=2.5
loss% =2.5%
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