Rohan bought an old television set for Rs.2500, then spent Rs.500 on its repair and sold it for Rs.3300. find his loss or gain percent
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10%
Step-by-step explanation:
If Rohan buys the TV Set for Rs 2, 500 and spent Rs. 500
That implies that the Cost Price C.P will be;
C. P = Amount of the Item + Expenses
= 2, 500 + 500 = Rs. 3,000
Since Selling Price, S.P = Rs. 3,300
=> S.P > C.P
That's a profit
Profit = 3, 300 - 3000 = Rs. 300
: . % Profit = Profit/[C.P] x 100% = 300/3000 x 100%
= 10%
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