Class 8 Exam > Class 8 Questions > Rohit bought a machine for Rs 20,000, then sp...
Start Learning for Free
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.
- a)Loss 30%
- b)Profit 46.34%
- c)Loss 50%
- d)none of these
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs...
Cost price of washing machine = 20,000 + 5,00
= 20,500 Rs.
Selling price = Rs. 30,000
Gain = S.P. - C.P. = 30,000 - 20,500
9,500 Rs.
Therefore, Gain percent = (Gain * 100)/ C.P.
= (9,500 * 100)/ 20,500
= 46.34%
Most Upvoted Answer
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs...
Given:
- Cost price of the machine = Rs 20,000
- Cost of repairs = Rs 500
- Selling price = Rs 30,000
To find:
- Loss or gain percentage
Solution:
To find the loss or gain percentage, we need to compare the selling price with the cost price.
Step 1: Calculate the total cost:
The total cost is the sum of the cost price and the cost of repairs.
Total cost = Cost price + Cost of repairs
Total cost = Rs 20,000 + Rs 500
Total cost = Rs 20,500
Step 2: Calculate the profit or loss:
Profit or loss = Selling price - Total cost
Profit or loss = Rs 30,000 - Rs 20,500
Profit or loss = Rs 9,500
Step 3: Calculate the profit or loss percentage:
Profit or loss percentage = (Profit or loss / Total cost) * 100
Profit or loss percentage = (Rs 9,500 / Rs 20,500) * 100
Profit or loss percentage ≈ 46.34%
Conclusion:
Rohit made a profit of approximately 46.34% by selling the machine. Therefore, option B is the correct answer.
- Cost price of the machine = Rs 20,000
- Cost of repairs = Rs 500
- Selling price = Rs 30,000
To find:
- Loss or gain percentage
Solution:
To find the loss or gain percentage, we need to compare the selling price with the cost price.
Step 1: Calculate the total cost:
The total cost is the sum of the cost price and the cost of repairs.
Total cost = Cost price + Cost of repairs
Total cost = Rs 20,000 + Rs 500
Total cost = Rs 20,500
Step 2: Calculate the profit or loss:
Profit or loss = Selling price - Total cost
Profit or loss = Rs 30,000 - Rs 20,500
Profit or loss = Rs 9,500
Step 3: Calculate the profit or loss percentage:
Profit or loss percentage = (Profit or loss / Total cost) * 100
Profit or loss percentage = (Rs 9,500 / Rs 20,500) * 100
Profit or loss percentage ≈ 46.34%
Conclusion:
Rohit made a profit of approximately 46.34% by selling the machine. Therefore, option B is the correct answer.
Free Test
FREE
| Start Free Test |
Community Answer
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs...
Ts profit because we have to subtrat cp from sp and also there is only one option for profit so b is the right ans
Attention Class 8 Students!
To make sure you are not studying endlessly, EduRev has designed Class 8 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 8.
|
Explore Courses for Class 8 exam
|
|
Top Courses for Class 8View all
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer?.
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 8.
Download more important topics, notes, lectures and mock test series for Class 8 Exam by signing up for free.
Here you can find the meaning of Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Rohit bought a machine for Rs 20,000, then spent Rs 500 on its repairs and sold it for Rs 30,000. Find his loss or gain per cent.a)Loss 30%b)Profit 46.34%c)Loss 50%d)none of theseCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Class 8 tests.
|
|
Explore Courses for Class 8 exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup