RANJIT PURCHSED AN ALMIRAH FOR RS 5248 AND PAID 127 FOR ITS TRANSPOTATION HE SOLD IT FOR RS6020 FIND HIS GAIN OR LOSS PERCENT
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Answer:
Step-by-step explanation:
Total Cost price = 5248 + 127 = ₹5375.
Selling Price = ₹6020
Gain Percent = 100 * (Selling Price - Cost Price)/Cost Price
= 100(6020-5375)/5375
= 100 * 645/5375
= 100 * 0.12
= 12%.
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