Kanchan bought a second hand scooter for ₹9200. She spent ₹1400 on its repairs. She sold the scooter for ₹10000. Find her gain or loss.
With formula and full explanation.
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Kanchan bought a second hand scooter for ₹9200. She spent ₹1400 on its repairs. She sold the scooter for ₹10000. Find her gain or loss.
With formula and full explanation.
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Step-by-step explanation:
hope it helps u
need to calculate loss
Step-by-step explanation:
Kanchan bought the scooter for = 9200rs.
She repaired it for = 1400rs.
Total money she spent on that scooter = 9200+1400= 10600rs.
She sold the scooter for = 10000rs.
So, clearly here we can see that it is a loss for Kanchan. She has a loss of (10600-10000)= 600rs.
•We know that it is a case of loss for her because the Cost price in total is more than the Selling price.