Question

Rohan buys an old washing machine for Rs. 5500 and spends Rs 1000 on its
repairs. If he sells the scooter for Rs. 7800, find his gain percentage​

Answer 1

Step-by-step explanation:

CP=RS 5,500

OVERHEAD =RS 1000

TOTAL CP = RS (5500+100)

=RS 6500

SP=RS 7800

PROFIT/GAIN%=GAIN/CP*100

GAIN =SP-CP

=RS 1300 (7800-6500)

GAIN%=1300/6500*100

=20%ans