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Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.
- a)Loss 15% 2a
- b)Loss 10%
- c)Profit 10%
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 50...
Total money spent by sohan (C.P)
= ₹2500 + ₹500
= ₹3000 ( CP )
SP = ₹3300
Hence, a gain as CP < SP
Gain = ₹(3300-3000) = ₹300
Gain% = 300/3000 x 100 = 10 %
Most Upvoted Answer
Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 50...
Given:
Rohan bought a second-hand refrigerator for Rs 2,500.
He spent Rs 500 on its repairs.
He sold it for Rs 3,300.
To find:
Rohan's loss or gain percentage.
Solution:
To find the loss or gain percentage, we need to calculate the cost price (CP) and the selling price (SP) of the refrigerator.
Step 1: Calculate the cost price (CP):
The cost price (CP) is the sum of the price at which Rohan bought the refrigerator and the amount spent on repairs.
CP = Rs 2,500 + Rs 500 = Rs 3,000
Step 2: Calculate the profit or loss (P/L):
Profit or loss is calculated by subtracting the cost price (CP) from the selling price (SP).
P/L = SP - CP
P/L = Rs 3,300 - Rs 3,000 = Rs 300
Step 3: Calculate the profit or loss percentage:
Profit or loss percentage is calculated by dividing the profit or loss (P/L) by the cost price (CP) and multiplying by 100.
Profit or loss percentage = (P/L / CP) * 100
Profit or loss percentage = (300 / 3000) * 100
Profit or loss percentage = 10%
Answer:
Rohan's gain or loss percentage is 10%. Therefore, option C) "Profit 10%" is the correct answer.
Rohan bought a second-hand refrigerator for Rs 2,500.
He spent Rs 500 on its repairs.
He sold it for Rs 3,300.
To find:
Rohan's loss or gain percentage.
Solution:
To find the loss or gain percentage, we need to calculate the cost price (CP) and the selling price (SP) of the refrigerator.
Step 1: Calculate the cost price (CP):
The cost price (CP) is the sum of the price at which Rohan bought the refrigerator and the amount spent on repairs.
CP = Rs 2,500 + Rs 500 = Rs 3,000
Step 2: Calculate the profit or loss (P/L):
Profit or loss is calculated by subtracting the cost price (CP) from the selling price (SP).
P/L = SP - CP
P/L = Rs 3,300 - Rs 3,000 = Rs 300
Step 3: Calculate the profit or loss percentage:
Profit or loss percentage is calculated by dividing the profit or loss (P/L) by the cost price (CP) and multiplying by 100.
Profit or loss percentage = (P/L / CP) * 100
Profit or loss percentage = (300 / 3000) * 100
Profit or loss percentage = 10%
Answer:
Rohan's gain or loss percentage is 10%. Therefore, option C) "Profit 10%" is the correct answer.
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Community Answer
Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 50...
C.p. of a refrigerator=Rs 2500Money spend on its repairing=Rs500
Total money spend on it=Rs2500+500=Rs3000
S.P. of refrigerator=Rs3300
Gain=s.p.-c.p.=Rs 3300-3000=Rs 300
Gain%=Gain/c.p.*100=300/3000*100=10%
Total money spend on it=Rs2500+500=Rs3000
S.P. of refrigerator=Rs3300
Gain=s.p.-c.p.=Rs 3300-3000=Rs 300
Gain%=Gain/c.p.*100=300/3000*100=10%
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Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. Can you explain this answer?
Question Description
Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. 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 Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. 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 Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. 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 Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. 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 Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Rohan bought a second hand refrigerator for Rs 2,500, then spent Rs 500 on its repairs and sold it for Rs 3,300. Find his loss or gain per cent.a)Loss 15% 2ab)Loss 10%c)Profit 10%d)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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