Ramesh Bought 10 Cycles For Rs. 500 Each. He Spent Rs. 2,000 On The R

1.	Ramesh Bought 10 Cycles For Rs. 500 Each. He Spent Rs. 2,000 On The Repair Of All Cycles. He Sold Five Of Them For Rs. 750 Each And The Remaining For Rs. 550 Each. Then The Total Gain Or Loss % Is?
Answer» Total CP = Rs. (500 X 10 + 2000) = Rs. 7000 SP = Rs. (5 X 750 + 5 X 550) = Rs. 6500 LOSS = CP - SP = 7000 - 6500 = 500 Loss Percent = 500/7000 X 100 = 50/7. Total CP = Rs. (500 X 10 + 2000) = Rs. 7000 SP = Rs. (5 X 750 + 5 X 550) = Rs. 6500 Loss = CP - SP = 7000 - 6500 = 500 Loss Percent = 500/7000 X 100 = 50/7.

Ramesh Bought 10 Cycles For Rs. 500 Each. He Spent Rs. 2,000 On The Repair Of All Cycles. He Sold Five Of Them For Rs. 750 Each And The Remaining For Rs. 550 Each. Then The Total Gain Or Loss % Is?

Answer»

Total CP = Rs. (500 X 10 + 2000) = Rs. 7000

SP = Rs. (5 X 750 + 5 X 550) = Rs. 6500

LOSS = CP - SP = 7000 - 6500 = 500

Loss Percent = 500/7000 X 100 = 50/7.

Total CP = Rs. (500 X 10 + 2000) = Rs. 7000

SP = Rs. (5 X 750 + 5 X 550) = Rs. 6500

Loss = CP - SP = 7000 - 6500 = 500

Loss Percent = 500/7000 X 100 = 50/7.