Question

Mandira purchased an old scooter for Rs 12000 and spend Rs3000 on

its repair. She sold it for Rs18000. How much percent did she gain or

loss?​

Answer 1

Answer:

20% Gain

Step-by-step explanation:

Cost Price of scooter = Rs.12000

Overhead charges = Rs.3000

Total CP = Rs.(12000+3000) = Rs.15000

Selling Price of scooter = Rs.18000

SP > CP

Gain = SP - CP = Rs.(18000-15000) = Rs.3000

Gain % = Gain/CP × 100 = 3000/15000 × 100 = 20%