Shabkar bought a second hand refrigerator for RS 2500. He spent RS 500 on its repairs and sold for RS 3300. Find his loss or gain percent.
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c.p of second hand refrigerator = 2500
repairing charges = 500
total c.p = 2500+500 =3000
if s.p is more than c.p then it is a profit
s.p - c.p
s.p of second hand refrigerator = 3300
3300 - 3000 =300
profit = 300
profit % = profit / c.p ( into 100 means multiply 100)
profit % 300 / 3000 ( 100 ) multiply with 100
10%
Answer = profit % of second hand refrigerator is 10 %
repairing charges = 500
total c.p = 2500+500 =3000
if s.p is more than c.p then it is a profit
s.p - c.p
s.p of second hand refrigerator = 3300
3300 - 3000 =300
profit = 300
profit % = profit / c.p ( into 100 means multiply 100)
profit % 300 / 3000 ( 100 ) multiply with 100
10%
Answer = profit % of second hand refrigerator is 10 %
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