p&l account - Interview Questions

p&l account

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle ?

Answer : C. Rs. 1190

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 ?

Answer : B . 5511%