Question

Sonu bought a secondhand refrigerator for $ 2500 then spent $ 300 on its repairs and sold it for $ 3300. Find his Loss (or) gain.

Answer 1

$500 gain

Explanation:

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Answer 2

$500 gain

Explanation:

Sonu spent $2500 on the fridge itself, and he also spent an additional $300 on the repairs. He spent a total of $2800. He sold the fridge for $3300.

To find the loss or gain, we can subtract 2800 from 3300 to see how much total profit he made.

3300-2800=500

Sonu made a $500 gain.