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Question

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% 


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% = $$\dfrac{gain}{total\space\ C.P.} \times 100$$%
$$=\dfrac{300}{3000}\times 100= 10$$%


Mathematics

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