Question

Ravi purchased an old scooter for Rs.12000 and spent Rs.2850 on its over handling . Then he sold it to his friend for Rs.13860. How much percent did he gain or loss ?

Answer 1

old scooter price = 12000
additional expenses = 2850

cost price  =12000+2850
                        =14850

gain \ (loss) =  selling price - cost price 
                      =13860-14850
                      = (990)

loss= (990)


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