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    Question

    A man  bought an washing machine of Rs.15000 and

    spend  Rs.2000 on its repairing and Rs.1000 for buying  its new parts. After  few days  he vend it for Rs.20,000. Find the gain or loss %.
    A (11.11)% Correct Answer Incorrect Answer
    B (22.22)% Correct Answer Incorrect Answer
    C (15.15)% Correct Answer Incorrect Answer
    D (25.25)% Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    let the Total C.P be taken as = (15000+2000+1000) = 18000 than, S.P – C.P = Gain 20,000 – 18000 = 2000           Hence, Gain % =(2000)/(18000)  x  100 = 11.11% therefore the gain% will be 11.11%

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