Question

Sanvi purchased an old car for Rs 73500.She spent Rs 10,300 on its repairs and paid Rs 2600 for its insurance then she sold it to a mechanic for Rs 84,240 what is the percentage gain or loss?

Answer 1

Answer:

loss=2.5%

Step-by-step explanation:

Original CP=73,500

Repairing Cost=10,300

Insurance Cost=2,600

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COST PRICE=86,400

LOSS= CP-SP=86400-84240=2160

LOSS%=L/CP*100=2160/86400*100=0.025*100=2.5%