Question

Rohit purchased an old car for rupees 73500 he spent rupees 10300 on repairs and paid rupees 2600 for its insurance then he sold it to a machine for rupees 84240 what was his percentage gain or loss

Answer 1

first add 10300+2600 = 12900+73500=86400
he sold for 84240
loss = 86400 --- 84240 = 2160
CP > SP, so there is loss

loss% = loss/C.P. × 100
= 2160/73500×100
=432/147
=2.94%
hope it helps