Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is:
Choose the correct choice from the following choices
A) 3 (4/7) % B) 11 (1/9) % C) 12 (2/3) % D) 12% E) None of these
Explanation:   C.P. = Rs. (50000 + 4000) = Rs. 54000   S.P. = Rs. 60000.   Gain% = ( (6000 / 54000) * 100 ) % = 11 (1/9)%   ANSWER 11 (1/9) %
<result>B</result>
Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is: