Rohit bought a furniture for Rs. $2500$ and spent Rs. $500$ on its repairs. Then, he sold it for Rs. $3300$ . Find his loss% or gain%

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Solution

Total C.P. of a furniture = Rs. 2500 + Rs. 500 = Rs.3000
SP = Rs. 3300 (Which is more than CP)
gain = SP - CP = 3300 - 3000 = 300
gain% = $\frac{g a i n}{t o t a l C . P .} \times 100$ %
$= \frac{300}{3000} \times 100 = 10$ %

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Rohit bought a furniture for Rs. 2500 and spent Rs. 500 on its repairs. Then, he sold it for Rs. 3300. Find his loss% or gain%

Total C.P. of a furniture = Rs. 2500 + Rs. 500 = Rs.3000 SP = Rs. 3300 (Which is more than CP) gain = SP - CP = 3300 - 3000 = 300 gain% = gaintotal C.P.×100% =3003000×100=10%

Rohit bought a furniture for Rs. $2500$ and spent Rs. $500$ on its repairs. Then, he sold it for Rs. $3300$ . Find his loss% or gain%

Total C.P. of a furniture = Rs. 2500 + Rs. 500 = Rs.3000
SP = Rs. 3300 (Which is more than CP)
gain = SP - CP = 3300 - 3000 = 300
gain% = $\frac{g a i n}{t o t a l C . P .} \times 100$ %
$= \frac{300}{3000} \times 100 = 10$ %