Question
Alfred buys an old scooter for ₹4,700 and spends
₹800 on its repairs. If he sells the scooter for ₹5,800, his gain percentage is:Solution
ATQ, Cost price = 4700 + 800 = ₹5500 Selling price = ₹5800 Gain = 5800 - 5500 = ₹300 Gain % = (300 / 5500) × 100 = 60/11 = 5 (5/11) %
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