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?
Most Upvoted 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%
Free Test
FREE
| Start Free Test |
Community 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.
|
Explore Courses for Class 8 exam
|
|
Top Courses for Class 8View all
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 2025 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 2025 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 2025 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 2025 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
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily