Virat buys an old car for Rs. 50000 and spends Rs. 1000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is: Pick:
A) 3 (4/7) %
B) 11 (1/9) %
C) 12 (2/3) %
D) 12%
E) 17.64%
Explanation:   C.P. = Rs. (50000 + 1000) = Rs. 51000   S.P. = Rs. 60000.   Gain% = ( (9000 / 51000) * 100 ) % = 17.64%   ANSW17.64%R 17.64%
<result>E</result>
Virat buys an old car for Rs. 50000 and spends Rs. 1000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is: