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Sudhir bought an almirah for Rs 13600 and spent Rs 1150 on its repair. He sold it at a gain of 5%. How much did he get?

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Sudhir bought an almirah for Rs 13600 and spent Rs 1150 on its repair. He sold it at a gain of 5%. How much did he get?
posted Jan 7, 2017 by anonymous

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2 Answers

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How much did he get is a little vague. Is it for how much did he sell or is it how much gain did he get? Unless there is some hidden meaning GAIN=(SP-CP)/CP. Since 1150 is to be added to 13600, his cost is 14750 so that 0.05=(SP-CP)/CP or SP/CP=1.05 giving SP=15487.50 inferring a gain of 737.5.

answer Jan 7, 2017 by Kewal Panesar
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Total cost,13600+1150=14750
5% is 14750×0.05=737.50

answer Jan 8, 2017 by Subhash Gupta
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