A machine was purchased for Rs 3750 and Rs 250 were paid for its transportation. If it is sold at a gain of Rs 40, find the gain per cent.

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Solution

$Cost of machine = Rs 3750 Money spent on transportation = Rs 250 Total CP = Rs (3750 + 250) = Rs 4000 Now, profit = Rs 40 Now, profit % = [\frac{profit}{CP} \times 100] % = [\frac{40}{4000} \times 100] % = 1 %$

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A machine was purchased for Rs 3750 and Rs 250 were paid for its transportation. If it is sold at a gain of Rs 40, find the gain per cent.

Cost of machine = Rs 3750Money spent on transportation = Rs 250Total CP = Rs 3750 + 250 = Rs 4000Now, profit = Rs 40Now, profit% = profitCP×100% =404000×100% = 1%

$Cost of machine = Rs 3750 Money spent on transportation = Rs 250 Total CP = Rs (3750 + 250) = Rs 4000 Now, profit = Rs 40 Now, profit % = [\frac{profit}{CP} \times 100] % = [\frac{40}{4000} \times 100] % = 1 %$