5. Suraj buys an old cycle for 1400 and spends 100 on its repairs. If he sells the same for 1800, find his profit percent.
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Answer:
So here the
Step-by-step explanation:
Correct option is
A
Gain = 15%
Total Cost spent on bicycle =Rs162+Rs18=Rs180
Selling price of the bicycle =Rs207
Profit on the bicycle =Rs207−Rs180=Rs27
Profit % =
CostPrice
Profit
×100=
180
27
×100=15 %
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