Question
Abhijit buys an old scooter for Rs. 3700 and spends Rs.
300 on its repairs. If he sells the scooter for Rs. 5500, his gain percent isSolution
CP = 3700 + 300 = Rs. 4000, SP = 5500 Gain% = (1500 x 100)/ 4000 = 37.5%
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