Question

Riya purchased a machine for Rs36000 and spent Rs2400 on its repair. She then sold it for Rs42000. Find the gain or loss percent

Answer 1

gain%=9.37%(approximately)

Explanation:

C.P.= 36000+2400

C.P.=Rs38400

S.P.=Rs42000

gain=S.P.-C.P.

gain=42000-38400

gain=Rs3600

gain%=(gain/C.P.)*100

gain%=(3600/38400)*100

gain%=9.37%(approximately)

Answer 2

Explanation:

Cost Price= ₹36,000

Repair Price=₹2,400

Actual Cost Price= CP + Repair Price

= ₹36,000 + ₹2,400

= ₹38400

Selling Price = ₹42000

Profit = SP - CP

= ₹42000 - ₹38400

= ₹3600

Profit% = Profit/CP × 100

= ₹3600/₹38400 × 100

= 9.375%