Question

Sanjit bought a second hand beyde for
$ 500. he spent = 80 in repairing and
175 in reepainting. Then he sold it to
Lalit for rs 900 .How much did he gain or loss?​

Answer 1

Answer

145 loss

step-by step explain

Sanjit bought the second hand beyde for Rs 500 and spent Rs 80 on repairing and Rs 175 on repainting. If we add all of this we get ( Rs 500+ Rs 80+ Rs 175) = Rs 755.

Then he sold Lalit to Rs 900.

So he was in loss as we can see,

Formula=Loss =CP - SP

Loss =Rs 900 - Rs 755

Loss=Rs 145