Question

An article is bought from Jaipur for Rs.4,800 and is sold in Delhi for Rs.5,820. If Rs.1,200 is spent on its transportations, etc.; find the loss or the gain as percent.

Answer 1

Cost price = Rs. 4,800
Selling Price = Rs. 5,820
Transport etc. charges = Rs. 1,200
$\therefore$ Total cost price =Rs.4,800 + Rs. 1,200
= Rs.6,000
$\therefore$ Loss = Rs. 6000 - Rs. 5820 = Rs. 180
$\therefore$ Loss% = $\frac{180}{6000}\times 100=3$%