Question

Mahesh bought a tv set for rs 15000. he spent rs 500 on transportation and rs 2500 on repair. he sold the tv for rs 20000. find his loss or gain percent​

Answer 1

Answer:

The gain percentage is 13.33% .

Step-by-step Explanation

To Find :-

• The loss or gain percentage of TV set.

★ Solution :-

Given that,

• Cost price of the TV set is = Rs. 15000
• Amount of money spent on transportation = Rs. 500
• Amount of money spent on repair = Rs. 2500
• Selling price of TV set = Rs. 20000 .

The total amount of money spent on the television :-

→ Cost Price of TV + Transportation + Repair ... (atq)

→ Rs. 15000 + Rs. 500 + Rs. 2500

→ Rs. (15000 + 500 + 2500)

→ Rs. 18000

Hence, The amount of money spent on television is Rs. 18000 .

Finding profit or loss :-

Selling price = Rs. 20000 ... (Given)

Total amount (spent on TV set) = Rs. 18000

Here, Selling price is greater than Cost Price.

So, Profit .

→ Profit = Rs. 20000 - Rs. 18000

→ Profit = Rs. 2000

According the question,

As we know that,

Profit percentage = Profit/C.P × 100

→ Profit/C.P × 100

→ 2000/15000 × 100

→ 2000/150

→ 13.33%