Michael 9

Michael purchased an old scooter for ₹12,000 and spent ₹2,840 on its overhaul. He then sold it to his friend for ₹13,860. What was his percentage gain or loss?

Final Answer:

p =  -6.6038 %

Step-by-step explanation:

a=12000+2840=14840 Rs b=13860 Rs  r=b/a=13860/14840=106990.934  p=100 (r1)=100 (0.9341)=6.6038%



Help us improve the example. If you find a mistake, let us know. Thank you!







Tips for related online calculators
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.

You need to know the following knowledge to solve this word math problem:

arithmeticbasic operations and conceptsUnits of physical quantitiesGrade of the word problem

Related math problems and questions: