BANK IDBI JAM Grade "O" Mock Test 2025 (New) Quantitative Aptitude Profit and Loss

Nitin buys an old cupboard for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the cupboard for Rs. 5800, his gain percent is:

1
5\(\frac{5}{11}\)%
2
10% 
3
4\(\frac{4}{11}\)%
4
6%
5
None of these 
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