Question

Ramesh bought 10 cycles for 500 each. He spent 2000 on the repair of all the cycles. He sold five of them for 750 each and the remaining for 550 each. What is total gain or loss%? please explain step by step ​

Answer 1

Step-by-step explanation:

According to question,

According to question,C.P of 1 cycle = Rs. 500

C.P of 10 cycle = 500×10 = Rs. 5000

Spent on repair = Rs. 2000

Now,

Total C.P = 5000 + 2000

               = Rs. 7000

SP of 5 cycle = 750×5

                      =Rs. 3750

SP of 5 cycle = 550×5

                      = Rs. 2750

∴ SP of 10 Cycle= Rs. 3750 + 2750 = 6500

Loss     = C.P - S.P

Loss     = 7000 - 6500 = 500

Loss % =500 /7000×100=50/7

           = 7 whole 1/7 % loss

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Answer 2

Answer:

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step by step explanation in photo KINDLY open .................