Question

Suchta buys a motorcycle for $7810 and spends $1095 on its repairs. If she sells the scooter for $10,505, what is her gain percent?

Answer 1

Step-by-step explanation:

Total CP= Cost price of scooter + money spend on its repair

= $7810+$1095

= $8905

Total SP= $10505

profit= SP-CP

= $10505-$8905

= $1600

gain%= gain/CP×100

= 1600/8905×100

= 17.9%