Virat buys an old car for Rs. 60000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 65000, his gain percent is:  Choose one
A) 3 (4/7) % B) 11 (1/9) % C) 12 (2/3) % D) 1.6% E) None of these
Explanation:   C.P. = Rs. (60000 + 4000) = Rs. 64000   S.P. = Rs. 65000.   Gain% = ( (1000 / 64000) * 100 ) % = 1.6%   ANSWER 1.6%
<result>D</result>
Virat buys an old car for Rs. 60000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 65000, his gain percent is: