Sohan bought a second hand refrigerator for Rs.2500, Then spent Rs. 500 on its repair and sold it for Rs. 3300. Find his loss or gain percent.

Given: Sohan Bought A Second Hand Refrigerator For Rs.2500

Then spent Rs. 500 On Its Repair And Sold It For Rs. 3300

To do:  Find his loss or gain percent.

Solution:

Total money spent by Sohan= $2500+500$

                                                    =$ 3000$

So cost price is $3000$

Selling price = $3300$

Gain = $3300 - 3000$

         =$300$

So percentage gain = $\frac{300}{3000}\times100$ 

Therefore, the gain % is 10% 

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Updated on: 10-Oct-2022

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