Question

Sohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs
and sold it for Rs 3,300. Find his loss or gain per cent.

Answer 1

Answer:

Answer is 10%

Step-by-step explanation:

cost price=2500

repairs=500

Total C.P=3000

Selling Price=3300

As C.P is less than S.P, it's a gain

gain=3300-3000=300

gain %= gain x 100/C.P

gain%= 300*100/3000

=10%

Answer 2

Answer:

10 %

Step-by-step explanation:

C.P.=2500+500

C.P.=3000

S.P.=3300

SP>CP so it is a profit.

PROFIT = SP-CP

PROFIT=3300-3000

PROFIT=300

PROFIT%=PROFIT/CP x 100%

PROFIT%=300/3000 x 100%

PROFIT%=10%