Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is:

4(4/7)%

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5(5/11)%

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10%

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12%

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13%

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Solution

The correct option is B
5(5/11)%

C. P = Rs. (4700 + 800) = Rs. 5500

S.P = Rs. 5800.

Gain % = $(\frac{300}{5500} \times 100) % = (60 / 11) %$

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