Question

Ravi bought an iron safe for rs 5580 and paid rs 170 for its transportion . Then he sold it for rs 6440. Find the gain or loss​

Answer 1

Answer:

₹690 gain

Step-by-step explanation:

Cost Price (CP) = ₹5580

Overheads = ₹170

Total CP = CP + Overheads = ₹5580 + ₹170 = ₹5750

Selling Price (SP) = ₹6440

Gain = SP - CP = ₹6440 - ₹5750 = ₹690