Question

Prachi bought a second hand refrigerator for Rs. 7500 and spent Rs. 500 on its repair. Then she sold it for Rs.8600. Find her loss or gain percent.​

Answer 1

Answer:

Total amt. spend by Prachi on the refrigerator = ₹(7500+500)

= ₹8000

Prachi sold the refrigerator at = ₹8600

Profit of Prachi = ₹(8600-8000)

= ₹600

Percentage of Profit of Prachi = (600×100)/7500%

= (6×100)/75%

= (6×4)/3%

= (2×4)%

= 8%

Answer:- The percentage of Profit of Prachi is 8%.

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

Cost price = Rs. 7500

Cost of repair = Rs. 500

Total cost price = Rs. (7500 + 500) = Rs. 8000

Selling price = Rs. 8600

Profit (since S.P. > C.P.) = Rs. (8600 - 8000)

= Rs. 600

Profit percent = (600 x 100) ÷ 8000

= 7.5 %

Thus, there is 7.5 % gain in profit.