Ronny bought an almirah for ₹6250 and spent ₹375 on its repairs. He sold it for ₹6890. Fing his gain or loss percent.
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5
Answer:
CP of the almirah = Rs. 6250
Overheads = Rs. 375
Total cost price = Rs. (
6250+375
)= Rs. 6625
Selling price = Rs. 6890
Since (
SP
)>(
CP
), Ron gains.
Gain %= Rs. (
6890=6625
)= Rs. 265
Gain
6625
265
×100%=4 %
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