Manjit bought an iron safe for Rs 12160 and paid Rs 340 for its transportation. Then, he sold it for Rs 12875. Find his gain per cent
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Total CP for Manjit
Amount of iron safe + money spent on transportation
12160+340 = 12500
Total SP = 12875
Gain = SP-CP
Gain = 12875-12500
Gain = 375
Gain% = Gain/CP*100
Gain% = 375/12500*100
Gain% = 3%
I hope this would help you
Amount of iron safe + money spent on transportation
12160+340 = 12500
Total SP = 12875
Gain = SP-CP
Gain = 12875-12500
Gain = 375
Gain% = Gain/CP*100
Gain% = 375/12500*100
Gain% = 3%
I hope this would help you
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