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: Pick:
A) 5 % B) 12/11 % C) 2 % D) 5 5/11 % E) 10/6%
Explanation:   Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.   Selling Price (S.P.) = Rs. 5800.   Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300.   Gain % =(300/5500*100)%=5 5/11 %   ANSWER:5 5/11 %
<result>D</result>
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: