2.
Ram bought a second hand cycle for 500. He spent 80 in repairing and
175 in repainting. He then sold it to Lalit for 900. How much did he gain
or lose?
Answers
Answered by
1
Answer:
HE GAINED ₹145 MEANS HE HAD A PROFIT OF ₹145
Answered by
12
Answer:
He gain profit of Rs.145
Explanation:
Cost price of Cycle = Rs. 500
money in repairing = Rs. 80
money in repainting = Rs. 175
Total price he spent on cycle = 500 + 80 + 175
= Rs. 755
Selling Price of Cycle = Rs. 900
As CP is less than SP he gain profit .
Profit = SP - CP
900 - 755
= 145
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