Question

Ramesh purchased an almirah for rupees 5248 and spent ruppes 127for its transportation then he sold it for rupees 6020 find gain or loss percent

Answer 1

almirah cost=5248
spend money for transportation=₹127
total cost ₹=5248+127=5375
selling price=6020
gain=sp-cp
gain=6020-5375
=645
percentage=645÷100
=6.4%

Answer 2

cost of almirah= rs5248
tranportation = 127
total money spent = 5248+127=rs 5375
cp<sp
=6020-5375
=645rs gain
℅gain=645/5375*100
=0.12*100
=12℅ gain
= so by the following procedure we come to know that profit made is 645 rs I.e. 12℅.

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