Question

Sohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,900. Find his gain or loss per cent. *

2 points

Loss 10%

Loss 30%

Gain 30%

Gain 10%

​

Answer 1

cost price = 2500+500=3000

cp= 3000

sp=3900

sp>cp

profit = 3900-3000=900

profit percent = 900/3000X100=30%

gain = 30% answer

Answer 2

Answer:

price of second hand refrigerator=rupees 2,500

money spend on its repair =rupees 500

Total money spend for refrigerator=2500+500

=3000

since ,sohan sold the refrigerator=3900

as 3900>3000 ,

therefore ,it is a profit

profit=SP-CP

=3900-3000

=900

profit percentage=profit×100

__________

CP

=900×100÷3000

=90000÷3000

=30%

therefore , profit percentage =30%