Sohan bought a scooter for Rs 15,000 and sold it for Rs 18,500.Find his gain and gain percentage.
Answers
Step-by-step explanation:
The profit percentage is 20%.
Step-by-step explanation:
Given : Harish bought a second hand typewriter for Rs. 1200 and spent Rs 200 on its repair. He sold it for Rs. 1680.
To find : What is the profit or loss percentage?
Solution :
Cost price of typewriter is Rs.1200.
On repairing amount spent is Rs.200.
Total cost price is 1200+200=Rs.1400
The selling price of typewriter is Rs.1680.
As SP>CP their is a profit.
Profit = 1680-1400=Rs.280.
Profit% is P\%=\frac{P}{CP}\times 100P%=
CP
P
×100
P\%=\frac{280}{1400}\times 100P%=
1400
280
×100
P\%=20\%P%=20%
Therefore, The profit percentage is 20%.
Answer:
sohan bought a scooter for = 15,000
he sold it for = 18,500
his gain = 18,500 - 15,000
= 3,500
10% gain
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