Question

    Abhijit buys an old scooter for Rs. 3700 and spends Rs.

    300 on its repairs. If he sells the scooter for Rs. 5500, his gain percent is
    A 37.5% Correct Answer Incorrect Answer
    B 33.33% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    CP = 3700 + 300 = Rs. 4000, SP = 5500 Gain% = (1500 x 100)/ 4000 = 37.5%

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