Multiple choice

A woman buys an old washing machine for Rs. 16500 and spends Rs. 1200 on its repairing. She also spends Rs. 300 on transport fare. If she sells the washing machine for Rs. 24000, then find her gain percentage.

  1. 33.33%

  2. 30.33%

  3. 30%

  4. 20%

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost price of washing machine = Rs. (16500 + 1200 + 300) = Rs. 18000 

Selling price of washing machine = Rs. 24000 

Gain = (S.P.) - (C.P.) = Rs.(24000 - 18000) = Rs. 6000 

Gain % = (6000 x 100)/18000 = 33.33%

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