Question

Sohan bought a machine for Rs.40,000, then spent Rs.5000 on its repair and sold it for Rs. 50,000. Find his loss or gain percent​

Answer 1

Answer:

10%

Step-by-step explanation:

Total money that was with Sohan  

= ₹2500 + ₹500

= ₹3000 ( Cost price )

Selling Price = ₹3300

Hence, a gain as CP < SP

Gain = ₹(3300-3000) = ₹300

Gain% = 300/3000 × 100 = 10 %

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Answer 2

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