Step-by-step explanation:
To calculate Suchta's gain percentage from selling her motorcycle, you can use the following formula:
Gain Percentage
=
Selling Price
−
Total Cost
Total Cost
×
100
Gain Percentage=
Total Cost
Selling Price−Total Cost
×100
Where:
Selling Price is the price at which she sold the motorcycle.
Total Cost is the sum of the purchase price and repair cost.
Let's plug in the values:
Selling Price = $10,505
Total Cost = $7,810 (purchase price) + $1,095 (repair cost) = $8,905
Now, calculate the gain percentage:
Gain Percentage
=
10
,
505
−
8
,
905
8
,
905
×
100
=
1
,
600
8
,
905
×
100
≈
17.98
%
Gain Percentage=
8,905
10,505−8,905
×100=
8,905
1,600
×100≈17.98%
Suchta's gain percentage from selling her motorcycle is approximately 17.98%.