Question

Robin purchased an old car for 71,14,600 and spent 5400 on its repair. He sold the car for 1,50,000.
Find his gain percentage in this transaction.​

Answer 1

Answer:

loss 98%

Step-by-step explanation:

CP= 7114600+5400

7120000 = 100%

150000 = x

x = 2.1 (approx) 2 % = SP

LOSS% = 98%

Answer 2

Step-by-step explanation:

total CP=114600+5400=120000

SP=150000

gain=(150000-120000)/150000*100

=30000/150000*100=20%