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Sudhir bought an almirah for Rs 135000and spent Rs400 on its transportation. He sold for Rs 16800.find the gain per cent?
Most Upvoted Answer
Sudhir bought an almirah for Rs 135000and spent Rs400 on its transport...
Given:
Cost price of almirah = Rs 135000
Transportation cost = Rs 400
Selling price = Rs 16800

To find:
Gain percentage

Solution:
To find the gain percentage, we need to calculate the gain first.

Step 1: Calculate the total cost:
Total cost = Cost price + Transportation cost
Total cost = Rs 135000 + Rs 400
Total cost = Rs 135400

Step 2: Calculate the gain:
Gain = Selling price - Total cost
Gain = Rs 16800 - Rs 135400
Gain = -Rs 118600 (since the selling price is less than the total cost, the gain is negative)

Step 3: Calculate the gain percentage:
Gain percentage = (Gain / Total cost) * 100
Gain percentage = (-Rs 118600 / Rs 135400) * 100
Gain percentage ≈ -87.57% (rounded to two decimal places)

Answer:
The gain percentage is approximately -87.57%. This means that Sudhir incurred a loss of 87.57% on selling the almirah.
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Sudhir bought an almirah for Rs 135000and spent Rs400 on its transportation. He sold for Rs 16800.find the gain per cent?
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