Sohan bought a second hand refrigerator for Rs. 2500 and then spent Rs. 1500 on its repairs and then sold it for 3300. What is the gain or loss%?

10% gain

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17.5% loss

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20% Loss

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10% loss

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Solution

The correct option is B
17.5% loss

Total cost of Refrigerator to Sohan $= R s 2500 + R s 1500 = R s 4000$ .

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Sohan bought a second-hand refrigerator for ₹ 2500 and spent ₹ 1500 on repairs. He then sold it for ₹ 3300. What is the gain or loss%?

2, 500

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3, 300

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