Question

rakesh bought a second hand cycle for ₹3500,then spent ₹500 on its repairs and sold it for ₹4300.Find his loss or gain per cent

Answer 1

Cp - 3500 + 500 = 4000
Sp - 4300
Gain - sp - cp
4300- 4000 = 300
Gain% = Gain\ Cp into 100
=61.25% .

Answer 2

price of second hand cycle =3500
price of repairing that cycle= 500
price of second hand cycle + price of its repairing.
all round price of cylce is :-3500+500=4000

now ,
rakesh had sold it on Rs. 4300
4300-4000=300.
so now he had gained Rs. 300 .and his gain percentage was 3.75%