Question

surjeet purchased an old sofa for rupees 4800 and spent rupees 250 on transportation. find his gain or loss percent if he sold it for rupees 5200.

Answer 1

$\textbf {Hey there, here is the solution.}$

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STEP 1: Find the amount he spent to get the old sofa:

Total amount spent = 4800 + 250 = Rs 5050

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STEP 2: Find gain from the sales:

Total amount sold = Rs 5200 (Given)

Amount gain = 5200 - 5050 = Rs 150

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STEP 3: Find the gain percentage:

Gain Percentage = 150/5050 x 100 = 2.97%

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Answer: The sofa set was sold with a 2.97% gain.

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⭐$\textbf {Cheers}$⭐

Answer 2

total amount spent=4800+250=5050
percentage 5050÷100=50.50
we get 50.50=1%
now he sold=5200
now 5200-5050=150
than 150×100÷5050
answer is 2.97%