Raghu bought an almrah for Rs. 6250 and spent Rs.375 on its repairs. Then, he sold it for Rs. 6890. Find his gain or loss per cent.

Options

A. `4`%
B. `5`%
C. `6`%
D. `7`%

Answer

To solve the problem step by step, we will calculate Raghu's total cost, his gain, and then the gain percentage.

### Step 1: Calculate the Total Cost Price (CP)
Raghu bought the almrah for Rs. 6250 and spent Rs. 375 on repairs.

**Total Cost Price (CP) = Cost Price + Repair Cost**
\[ CP = 6250 + 375 \]
\[ CP = 6625 \]

### Step 2: Identify the Selling Price (SP)
The selling price of the almrah is given as Rs. 6890.

### Step 3: Calculate the Gain
Gain can be calculated using the formula:
\[ \text{Gain} = \text{Selling Price (SP)} - \text{Cost Price (CP)} \]
\[ \text{Gain} = 6890 - 6625 \]
\[ \text{Gain} = 265 \]

### Step 4: Calculate the Gain Percentage
Gain percentage can be calculated using the formula:
\[ \text{Gain Percentage} = \left( \frac{\text{Gain}}{\text{Cost Price (CP)}} \right) \times 100 \]
\[ \text{Gain Percentage} = \left( \frac{265}{6625} \right) \times 100 \]

Now, we will calculate this step by step:
1. First, calculate \( \frac{265}{6625} \):
\[ \frac{265}{6625} \approx 0.04 \]
2. Now, multiply by 100:
\[ 0.04 \times 100 = 4 \]

### Final Answer
The gain percentage is **4%**.

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