Question

Pls help fast
A purchased an old scooter for rs 18800 and spent 1200 on its repair then he sold the scooter for 22000 find gain or loss percentage

Answer 1

Answer:

Step-by-step explanation:

C.P=RS.18800

OVERHEAD PRICES=RS.1200

TOTAL C.P=18800+1200

                  =RS.20000

S.P=RS.22000

S.P>C.P SO GAIN

GAIN%=2000/18800*100

           =10.63%

Answer 2

Step-by-step explanation:

CP of the scooter- 18800

money spent on repair- 1200

actual cp- 18800+1200=20000

SP of the scooter- 22000

sp>cp=profit

profit= sp-cp

=22000-20000

=2000

profit%= (profit/cp)×100

=(2000/20000)×100

=10%(profit)