Manjit bought an iron safe for Rs. 12160 and paid Rs. 340 for its transportation. Then, he sold it for Rs.12875.Find his gain per cent.

Answer

To find the gain percentage for Manjit, we will follow these steps:

### Step 1: Calculate the Total Cost Price (CP)
Manjit bought the iron safe for Rs. 12160 and paid Rs. 340 for transportation.

Total Cost Price (CP) = Cost of the safe + Transportation cost
= Rs. 12160 + Rs. 340
= Rs. 12500

### Step 2: Determine the Selling Price (SP)
Manjit sold the iron safe for Rs. 12875.

### Step 3: Calculate the Gain
Gain = Selling Price (SP) - Cost Price (CP)
= Rs. 12875 - Rs. 12500
= Rs. 375

### Step 4: Calculate the Gain Percentage
Gain Percentage = (Gain / Cost Price) × 100
= (Rs. 375 / Rs. 12500) × 100
= 3%

### Final Answer
Manjit's gain percentage is **3%**.

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