Question

ramu bought a second hand refrigerator for rs 4800 they spent rs 700 on it repairs and sold it for 5830 ? find his loss or gain​

Answer 1

Answer:

6% gain

Step-by-step explanation:

CP of refrigerator = Rs.4800

Overhead charges = Rs.700

Total CP = Rs.(4800+700) = Rs.5500

Selling Price (SP) = Rs.5830

Gain = SP - CP = Rs.(5830-5500) = Rs.330

Gain percent = Gain/CP × 100 = 330/5500 × 100 = 6%

Answer 2

Answer :

Cost prize of refrigerator = 4800 + 700

= Rs. 5500

Selling price = Rs. 5830

Gain = S.p - C.p

= 5830 - 5500

= 330

Therefore,

Gain =

$\frac{gain \times 100}{c.p}$

$\frac{330 \times 100}{5500} = 6\%$

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Know more :

• To find the Gain or Loss

Total cost = Spent cost + Repairing cost

Gain or Lost = Selling price - Cost price

= x price

= $\frac{x \: \times \: 100}{cost \: price} = x\%$