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Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage?
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Raymond brought a radio for 750 rupees and spend 35 rupees on the tran...
Calculation of Gain/Loss Percentage:
- Cost Price (CP) of the radio: 750 rupees
- Transportation cost: 35 rupees
- Total cost price: 750 + 35 = 785 rupees
- Selling price (SP) of the radio: 765 rupees
Calculating Gain or Loss:
- When SP > CP, it is a gain.
- When SP < cp,="" it="" is="" a="" />
Gain or Loss Calculation:
- Gain = SP - CP - Transportation cost
- Gain = 765 - 785
- Gain = -20 rupees
Calculating Gain Percentage:
- Gain Percentage = (Gain / CP) * 100%
- Gain Percentage = (-20 / 785) * 100%
- Gain Percentage ≈ -2.54%
Interpretation of Results:
- Raymond incurred a loss of 20 rupees in this transaction.
- The loss percentage is approximately 2.54%.
- This means Raymond sold the radio at a price lower than the total cost price (including transportation costs), resulting in a loss percentage.
- Cost Price (CP) of the radio: 750 rupees
- Transportation cost: 35 rupees
- Total cost price: 750 + 35 = 785 rupees
- Selling price (SP) of the radio: 765 rupees
Calculating Gain or Loss:
- When SP > CP, it is a gain.
- When SP < cp,="" it="" is="" a="" />
Gain or Loss Calculation:
- Gain = SP - CP - Transportation cost
- Gain = 765 - 785
- Gain = -20 rupees
Calculating Gain Percentage:
- Gain Percentage = (Gain / CP) * 100%
- Gain Percentage = (-20 / 785) * 100%
- Gain Percentage ≈ -2.54%
Interpretation of Results:
- Raymond incurred a loss of 20 rupees in this transaction.
- The loss percentage is approximately 2.54%.
- This means Raymond sold the radio at a price lower than the total cost price (including transportation costs), resulting in a loss percentage.
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Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage?
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Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage?.
Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Raymond brought a radio for 750 rupees and spend 35 rupees on the transportation.Then he sold it for 765 rupees. Find this lost percentage or gain percentage?.
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