Rishi bought a cupboard for 6250 Rs and spent 375 Rs on its repairs. then he sold it for 6890 Rs. find his gain or loss percent
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after spending 375 rs the total expenditure by rishi that is
C.P. = 6250+375=6625rs
and S.P. = 6890 (given)
so the gain % = [(S.P. -C.P.) × 100]/C.P.
= (265 × 100)/6625
=100/25
4%
C.P. = 6250+375=6625rs
and S.P. = 6890 (given)
so the gain % = [(S.P. -C.P.) × 100]/C.P.
= (265 × 100)/6625
=100/25
4%
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