Question

ranjit purchased an almirah for ₹5248 and paid ₹127 for its transportation he solds it for ₹6020
Find his gain or loss percent.​

Answer 1

12%

Step-by-step explanation:

cost of almirah = 5248/-

cost of transportation = 127/-

so total cost of almirah = 5248+127

= 5375/-

sales price of almirah = 6020/-

so gain = 6020-5375

= 645/-

Now, Profit% = [Profit/CP] × 100

so, profit% = 645/5375 × 100

= 12

so gain% = 12%