Question

Madan purchased an old scooter from a macjanic for rupees11,000 and dpent rupees 600 on its repair .He then sold it for rupees 12,992 .How much per cent he lose or gain ?

Answer 1

CP = rupees 11000 (given)

Amount spent on repair is rupees 600.

Total CP =rupees (11000+600)

=rupees 11600

SP = rupees 12992(given)

Since SP greater than CP song there is a gain.

gain = rupees (12992-11600)

=rupees 1392

gain % =(1392/12992×100)%

= the answer