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 Choices
A) 6/19% B) 6/17% C) 5 5/11% D) 3 5/11% E) None of these
Explanation:   Whenever we get this type of question, we should have formula in mind that,   Gain% = (gain/cost)*100   Cost = 4700 + 800 = Rs. 5500   S.P. = Rs. 5800   Profit = 5800 - 5500= 
<gadget id="calculator">5800 - 5500</gadget>
<output>300</output>
300   Gain%=300/5500∗100=5 5/11%   Option 5 5/11%
<result>C</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