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a man buys a car for 80000 Rs 20,000 more for repairing he sells it for rupees 125000 find its gain ​

User Ray Shan
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1 Answer

14 votes
14 votes
Answer: 25%

The man buys the car for 80000 units.
For repairing the car, the man spends 20000 units.
The man sells the car for 125000 units.
To find:
The gain percent of the man.
Solution:
The man buys the car for 80000 units.
For repairing the car, the man spends 20000 units.
∴ Total expenditure of the man for the car_
(80000 + 20000) units.
= 100000 units.
The man sells the car for 125000 units.
∴ Gain = (125000 - 100000) units
= 25000 units.
∴ Gain % = (25000×100)/100000
= (25000/1000)
= 25 %.
∴ The gain of the man is 25 %
User Walt W
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