Sohan bought a second hand refrigerator for 2500 rupees,then spent 500 rupees on its repair and sold it for 3300 rupees find his loss or gain percent
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Cost prize of refrigerator =2500+500 = Rs.3000
Cost prize of refrigerator =2500+500 = Rs.3000Selling prize = Rs.3300
Cost prize of refrigerator =2500+500 = Rs.3000Selling prize = Rs.3300Gain =S.P.−C.P.=3300−3000=300Therefore, Gain percent = C.P.gain×100 = 3000300×100 = 10%
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