Question

refrigerator set was bought for rupes 14000 and sold for 16400 to a broker with charges commission for percent on purchase and 5% find the total gain or loss on the transaction

Answer 1

Answer:

1580 is the gain on this percentage of 5 %

first take out 5 %of 16400 then subtract it from 16400

then subtract 14000 from that

Answer 2

The total gain would be Rs. 1700.

Step-by-step explanation:

Since we have given that

Cost price of refrigerator = Rs. 14000

Selling price of refrigerator = Rs. 16400

5% commission on purchased price = $0.05\times 14000=700$

So, Total purchased price would be

$14000+700=14700$

So, Sp> Cp, there will be profit.

$Profit=SP-CP\\\\Profit=16400-14700\\\\Profit=1700$

Hence, the total gain would be Rs. 1700.

# learn more:

A car was bought for 86,000/- and sold for * 92,000/- through a broker who charges

commission of 2 % on purchase and 3 % on sales. Find the total gain on the

transactions.​

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