Question

4. Veera bought a second hand motor bike
for 23,000 and spent 1850 on its
repair. Then he sold it for 25,550. What
is his profit percent?​

Answer 1

C.p=23000rs

and he also spend rs on its repair so the money for repair will also be added to the cp

23000+1850=24850rs

profit is s.p-c.p

=25550-24850

=300rs

profit percentage=p/c.p×100

300/24850×100

=1.1%