Question

Some the following's
A man bought a car for R8.80,000
He paid 2% of the cost price to the
brokers and spend R8 3.400 on se
on the repair of the car the he sold
it for R8 91,800 find his gain percentage.​

Answer 1

10%....................

Answer 2

Answer:

8%

Step-by-step explanation:

CP of car = Rs.80,000

Money paid to brokers = 2% of 80,000 = 2/100 × 80,000 = Rs.1600

Money spent on repair of car = Rs.3400

Total Overhead charges = Rs.(1600+3400) = Rs.5000

Hence, total CP = Rs.(80000+5000) = Rs.85,000

SP = Rs.91,800

Gain = Rs.(91800-85000) = Rs.6800

Hence, gain% = (6800/85000 × 100)% = 8%