Question

Ranjith bought a washing machine for $16150 and paid $1350 for it's transportation.Then,he sold it for $19250.find his gain or loss percentage

Answer 1

Answer:

$1=71.05 rs

cost of washing machine= $16150=117232.5 rs+ transportation=$1350=95917.5

Total cost of washing machine =117232.5+95917.5=213150

He sold it for =$19250=1,367,712.5

Gain =SP-CP =1,367,712.5-213150=1,154,562.5

Ranjith has gain of rs 1,154,562.5

Gain percent= Gain÷CP×100

=1,154,562.5÷213150×100=54.166 percent.

Answer 2

Answer:

10%

Step-by-step explanation:

total C.P of the washing machine

=C.P+Overhead Expenses

=16150+1350=Rs.17500

S.P=Rs.19250

Here,S.P>C.P.hence,there is a gain.

Gain%=(gain/C.P×100)%

=(19250-17500/17500×100)%

=(1750/17500×100)%

=10%