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Sarah buys an old laptop for Rs. 9900 and spends Rs.500 on its repairs. If she sells the laptop for Rs. 11300, what is her gain percent?
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Answers
Explanation: Profit percentage 8.65%
The cost of old laptop which Sarah bought was Rs 9900
She spent on repairing the old laptop Rs 500
∴ The total cost of the old laptop Rs 9900+ Rs 500 = Rs 10400
She sells the old laptop at Rs 11300
∴ The profit ( Selling price - Cost price) she made on selling the old laptop was Rs 11300- Rs 10400 = Rs 900.
Profit percentage formula (Profit %) = 100 × Profit/Cost Price
= (100×900)/10400
= 90000/10400
= 8.65%
The profit percentage of Sarah is 8.65%.
Hope this helps.
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https://brainly.in/question/13065789