Question

Manjit bought an Iron safe for Rs. 5580 and paid Rs 170 for its transportation then, he sold it for Rs. 6440. Find the gain percent earned by him.​

Answer 1

Answer:

12%

Step-by-step explanation:

Manjit bought the safe for Rs. 5580 and paid Rs. 170 for transporting.

Total money Manjit spent = 5580+170 = 5750 Rs.

Now, he sold it for Rs. 6440.

Total profit = 6440-5750 = 690 Rs.

So, the gain percent is (690/5750 × 100) = (0.12×100) = 12%

Hope it will help you.

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