Sudhir bought an almirah for ₹ 13600 and spent ₹ 400 on its transp

1.	Sudhir bought an almirah for ₹ 13600 and spent ₹ 400 on its transportation. He sold it for ₹ 16800. Find his gain percent.
Answer» From the question, Sudhir bought an almirah for = ₹ 13600 = cost price Transportation cost = ₹ 400 The total cost price of almirah = ₹ (13600 + 400) = ₹ 14000 He sold it for = ₹ 16800 = Selling price By comparing SP and CP = SP > CP, so there is a gain Gain = SP – CP = 16800 – 14000 = ₹ 2800 Gain % = {(gain/CP) × 100} = {(2800/14000) × 100} = {2800/140} = 20%

Sudhir bought an almirah for ₹ 13600 and spent ₹ 400 on its transportation. He sold it for ₹ 16800. Find his gain percent.

Answer»

From the question,

Sudhir bought an almirah for = ₹ 13600 = cost price

Transportation cost = ₹ 400

The total cost price of almirah = ₹ (13600 + 400)

= ₹ 14000

He sold it for = ₹ 16800 = Selling price

By comparing SP and CP = SP > CP, so there is a gain

Gain = SP – CP

= 16800 – 14000

= ₹ 2800

Gain % = {(gain/CP) × 100}

= {(2800/14000) × 100}

= {2800/140}

= 20%