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Quantitative Aptitude
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A man buys an old motorcycle for 7800 and spends 1300 on its repair. If he sells the motorcycle at 14000, what is his gain percentage?
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A
53.8%
💡 Explanation:
Cost Price (7800 + 1300) = 9100
Selling Price = 14000
Profit = 14000 - 9100 = 4900
Profit % age = (49009100) * 100 = 53.8%