Question

mohan bought a decond hand
generator for Rs. 2500, He
spent Rs 500 on its repair
and sold for as 3
300
find his gain or loss
percent​

Answer 1

Answer:

Cost of generator = ₹2500

He spent ₹500 on its repair

So , now the cost of generator is =2500+500

=3000

Selling price = 3300

So selling price is greater than buying price

Therefore mohan gain profit

Gain = S.P - C.P

= 3300 - 3000

= 300

Thus Gain Percent = gain x 100 / C.P.

= 300 x 100 / 3000

= 10%

So , Mohan Gain the profit of 10%