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    Question

    Anand buys an old cycle for Rs. 5700 and spends Rs. 550

    on its repairs. If he sells the cycle for Rs. 6500, his gain percent is
    A 11.11% Correct Answer Incorrect Answer
    B 4% Correct Answer Incorrect Answer
    C 8% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer

    Solution

    CP = 5700 + 550 = Rs. 6250, SP = 6500 Gain% = (250 x 100)/ 6250 = 4%

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