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Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent?
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Anubhav purchased a computer set for rupees 16800 he had to spend rupe...
Understanding the Problem
Anubhav's transaction involves buying, repairing, and selling a computer set. To find his gain percentage, we need to calculate both his total cost and the profit he made from the sale.
Step 1: Calculate Total Cost
- Purchase Price: Rs. 16800
- Repair Cost: Rs. 1200
Total Cost = Purchase Price + Repair Cost
- Total Cost = 16800 + 1200 = Rs. 18000
Step 2: Calculate Selling Price
- Selling Price: Rs. 19200
Step 3: Calculate Profit
- Profit = Selling Price - Total Cost
- Profit = 19200 - 18000 = Rs. 1200
Step 4: Calculate Gain Percentage
- Gain Percentage = (Profit / Total Cost) × 100
- Gain Percentage = (1200 / 18000) × 100
- Gain Percentage = 6.67%
Conclusion
Anubhav made a gain of Rs. 1200 after selling the computer set. His gain percentage from this transaction is approximately 6.67%. This shows that he not only covered his expenses but also made a profit on his investment. Understanding these calculations can help in making better financial decisions in the future.
Anubhav's transaction involves buying, repairing, and selling a computer set. To find his gain percentage, we need to calculate both his total cost and the profit he made from the sale.
Step 1: Calculate Total Cost
- Purchase Price: Rs. 16800
- Repair Cost: Rs. 1200
Total Cost = Purchase Price + Repair Cost
- Total Cost = 16800 + 1200 = Rs. 18000
Step 2: Calculate Selling Price
- Selling Price: Rs. 19200
Step 3: Calculate Profit
- Profit = Selling Price - Total Cost
- Profit = 19200 - 18000 = Rs. 1200
Step 4: Calculate Gain Percentage
- Gain Percentage = (Profit / Total Cost) × 100
- Gain Percentage = (1200 / 18000) × 100
- Gain Percentage = 6.67%
Conclusion
Anubhav made a gain of Rs. 1200 after selling the computer set. His gain percentage from this transaction is approximately 6.67%. This shows that he not only covered his expenses but also made a profit on his investment. Understanding these calculations can help in making better financial decisions in the future.
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Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent?
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Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent? 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 Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent?.
Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent? 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 Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Anubhav purchased a computer set for rupees 16800 he had to spend rupees 1200 on its repair and sold it for rupees 19200 find his gain percent?.
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