Question

sohan bought a second hand refrigerator for Rs 2500,then spent Rs 500 on its repairs and sold it for Rs 3300.find his gain or loss percentage.

Answer 1

$$\begin{gathered} DearStudent, \\ TotalCP=2500+500=3000 \\ SP=3300 \\ Profit=3300-3000=300 \\ Profit\%=\frac{profit}{CP}\times 100 \\ \Rightarrow Profit\%=\frac{300}{3000}\times 100=10\% \\ Regards \end{gathered}$$