# 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:

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repairs cost=Rs.800

total CP=Rs.4700+800=5500

SP=Rs,5800

SP>CP, it is a gain

gain=SP-CP=Rs.(5800-5500)=Rs.300

gain%=gain/CP X 100%

300/5500 X 100%=5.45%

Repairing cost= Rs.800

Overall CP= 4700+800

=Rs.5500

SP of scooter= Rs.5500

Since SP>CP there is profit

Profit=SP-CP

=5800-5500

=Rs.300

profit %= P/CP x 100

= 300/5500x100

= 5.45 %