Home
Class 6
MATHS
A man bought a second hand T.V. set for ...

A man bought a second hand T.V. set for Rs. 7650 and spends Rs. 350 on its repairs. He sold it for Rs. 8200. What percent did he gain?

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the cost price, gain, and gain percentage. ### Step 1: Calculate the Cost Price (CP) The cost price is the total amount spent on the TV, which includes the purchase price and the repair cost. - **Purchase Price of the TV** = Rs. 7650 - **Repair Cost** = Rs. 350 **Cost Price (CP) = Purchase Price + Repair Cost** \[ CP = 7650 + 350 \] \[ CP = 8000 \] ### Step 2: Calculate the Selling Price (SP) The selling price is the amount for which the TV was sold. - **Selling Price (SP)** = Rs. 8200 ### Step 3: Calculate the Gain Gain is calculated by subtracting the cost price from the selling price. **Gain = Selling Price - Cost Price** \[ Gain = SP - CP \] \[ Gain = 8200 - 8000 \] \[ Gain = 200 \] ### Step 4: Calculate the Gain Percentage Gain percentage is calculated using the formula: **Gain Percentage = (Gain / Cost Price) × 100** Substituting the values we have: \[ Gain Percentage = \left( \frac{200}{8000} \right) \times 100 \] \[ Gain Percentage = \left( \frac{1}{40} \right) \times 100 \] \[ Gain Percentage = 2.5\% \] ### Final Answer The gain percentage is **2.5%**. ---
Promotional Banner

Similar Questions

Explore conceptually related problems

Sohan 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.

Mr Virmani purchased a house for Rs 365000 and spent Rs 135000 on its repairs. If he sold it for Rs 550000, find his gain percent.

A man bought an almirah for Rs. 18000 and spent Rs. 250 on transportation. He sold it for Rs. 19710. Find his gain per cent.

Rajan bought a second hand scooter for Rs. 18000 and spent Rs. 1600 on its repair. Then, he had to sell it for Rs. 17640. Find his loss per cent.

A man bought a refrigerator for Rs. 35615 and paid Rs. 125 on its transportation. He sold it for Rs. 33953. Find his gain or loss per cent.

Mr. Mehta purchased a second hand car for Rs. 85000 and spent Rs. 15000 on repairs. After sometime, he sold the car for Rs. 90000. Find the profit or loss. Also calculate it as percentage.

A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its on its repairs. If he sells the same for Rs 300, find his profit percent.

Aman bought a computer for Rs. 24000 and its accessories pack worth for Rs. 1750. He sold it all for Rs. 26780. Find his gain and gain per cent.

A boy buys an old bicycle for Rs 162 and spends Rs 18 on its repair before selling the bixycle for Rs 207. Find his gain or loss as percent.

Bashir bought an article for Rs 1215 and spent Rs 35 on its transportation. At what price should he sell the article to have a gain of 16%?