Question

Robin purchased an old car for ₹ 73500. He spent ₹10300 on repairs and paid ₹2600 for its insurance. Then he sold it to maclfanic for ₹ 84240. What was his percentage gain or loss?

please answer fast.. I will mark it as brainliest..​

Answer 1

Answer:

There is a loss of 2.5%

Step-by-step explanation:

C.P. of old car = Rs. 73500

Rupees spent on repairs = Rs. 10300

" paid for its insurance =Rs. 2600

Total C.P. = Rs. (73500+10300+2600)

= Rs. 86400

S.P. of the car = Rs. 84240

As C.P is greater thn S.P., hence, there is a loss.

Loss = Rs. (86400-84240) = Rs. 2160

Loss % = 100 × Loss/C.P.

= 100 × 2160/86400 = 2.5%