Michael 9

Michael purchased an old scooter for Rs 12000 and spent Rs 2840 on its overhauling. Then he sold it to his friend Rs 13860 . How much per cent did he gain or lose?

Correct 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%



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