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Sohan bought a secondhand refrigerator for Rs.2500, then spent Rs, 500 on its repair and sold it for Rs, 3300. Find his loss or gain percentage.

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20% Gain

10% loss

10% Gain

25% loss

answer is C.

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Detailed Solution

Refrigerator = 2500+500=3000RS
Profit = Selling price - Total cost
Profit = 3300 -3000
Profit = 300
Percentage
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There is a 10% of Gain.

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