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

CP = 73500

Spent 10300 on repairs

Paid Rs 2600 for insurance

Total CP = 73500 + 10300 + 2600 = 86400

And SP = 84240

Hence loss = 86400 - 84240 = 2160

loss% = loss/CP * 100 = 2160/86400 * 100 = 2160/864 = 540/216 = 270/108

=> 30/ 12 = 15/6 = 5/2 = 2.5% (Answer)

Answer 2

Answer:

Total cost price of car = 73500+10300+2600=86400 Rs.

Selling price = 84240 Rs.

Loss= 86400−84240=2160 Rs.

Therefore,

Loss % =

C.P.

loss×100

=

86400

2160×100

= 2.5%

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Step-by-step explanation:

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