Question

Sohan bought a second hand refrigerator for rupees 2500 and spent 500 on its repairs and sold it for 3300 rupees find his loss or gain percent

Answer 1

cost price of refrigerator is 3000
selling price of refrigerator is 3300
profit is 300
profit percentage is profit /selling price *100
therefore profit percentage is 100/11.
simply the value

Answer 2

C.P=2500
expenditure=500
total CP=2500+500
CP=3000
SP=3300
SP>CP
therefore profit
profit=SP-CP
profit=3300-3000
profit=300
profit%=profit×100/total CP
profit%=300×100/3300
profit%=100/11
profit%=9.9%
Hope it helps you