Question

karan bought a video for 14500 and spent 500 on it extra maintenance he sold it for 16500 find his gain %

Answer 1

Cost price of video = rs. 14500

Extra maintenance = rs. 500

Actual cost price = rs. 14500+500

= rs. 15000

Selling price = rs. 16500

Here; selling price > cost price

So; profit = SP - CP

Profit = 16500 - 15000

Profit = rs. 1500

Profit % = profit / cp * 100

= 1500 / 15000 * 100

= 10%

Hope this will helps you....