Question

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I am in 8th class
my question is here
Raghu bought an almirah for ₹6250 and spent ₹375 on its repairs. then, he sold it for ₹6890. find his gain or loss percent.
gain=4%
please solve the question
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Answer 1

Answer:

4%

Step-by-step explanation:

Cost price = ₹6250

Repair = ₹375

Total price = 6250 + 375= ₹6625

Selling price = ₹6890

gain = 6890-6625= 265

gain % = 265/6625*100= 4%

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Answer 2

Answer:

C.P=6250+375=6625

S.P=6890

AS SELLING PRICE IS GREATER THAN COST PRICE THERE WILL BE PROFIT

PROFIT = S.P-C.P=6890-6625=265

GAIN%= (( PROFIT/C.P)*100)%

= ((265/6625)*100)%

= 4%