Alfred purchases an old scooter for ₹4700 and spends ₹800 on its repairs. If he sells the scooter for ₹5800, calculate his gain percentage.

Question

Alfred purchases an old scooter for ₹4700 and spends ₹800 on its repairs. If he sells the scooter for ₹5800, calculate his gain percentage.

Options

A.

447\frac{4}{7}%

B.

5511\frac{5}{11}%

C.

10%

D.

12%

profitpercentageselling pricecost price

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