Question

Sohan bought a second hand refrigerator for 2500rs, then spent 500rs.On its repairs and sold it for3300rs .Find his loss or gain percent

Answer 1

Gain of 300rs

Explanation:

Sohan bougth a second-hand refrigerator for 2500rs

500rs was spent on it repairs

= 2500+500

= 3,000rs

It was sold for 3,300rs

Therefore the gain can be calculated as follows

= 3,300-3,000

= 300rs

Hence the gain is 300rs