Question

Radha purchased a second-hand bicycle for ₹1200 and spent ₹300 on its repairs. She sold it for ₹1860. Find her gain or loss per cent.

Answer 1

Answer:

24%

Step-by-step explanation:

$Radha \: purchased \: a \: second \: hand \: bicycle \: = rs.1200 \\ spent \: on \: its \: repairs \: = rs.300 \\ total \: cp \: = 12 00 + 300 \\ = 1500rs. \\ sp \: of \: second \: hand \: bicycle \: rs. = 1860 \\ \: her \: gain \: rs = sp - cp \: \\ 1860 - 1500 = 360 \\ \:Her gain \: percent \: is \: = 100 \times \frac{360}{1500} \\ = 24\%$