Manish bought a second hand refrigerator for 2500 rupees,then spent 500 rupees on its repairs and sold it for 3300 ropees.Find his loos or gain percentage.
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Answered by
17
c.p.=2500+500
c.p.=3000
profit=sp-cp
profit=3300-3000
profit=300
so he had a gain of 300rs now we have find the p%
p%=p/cp*100
300/3000*100=10%
so he had a gain of 10%
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Answered by
3
C.p.= rs.2500
Money spent on repair = rs.500
Total cp= 2500+500 = rs 3000
S.p. = rs.3300
S.p.>c.p.
Profit = s.p.-c.p.
= 3300-3000
= 300 rs.
Profit% = (profit/cp)×100
= (300/3000)×100
= 10%
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