robin purchased an old car for rs 73500.he spent rs 10300 on repairs and paid rs 2600 for its insurance.then he sold it to machenic for rs 84240 .what was his percentage gain or loss?
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Answer:
he bought car in at rs 73500.
he is spen rupees 10300 on repairs.
he paid rupees 2600 for its insurance
therefore the total price he spend it is rs86400
loss= cp-sp
=86400-84240
=rs2160
loss%=(loss/cp)x100
=(2160/86400)x100
=0.025x100
=2.5%
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