Question

6. The cost price of a second hand scooter 45,500. rs4500 is spent on repairs. if it is sold
sold for rs 53,550, find the profit or los percent please give me full exanation and answer is profitpercent= 7.1%​

Answer 1

Answer:

total cp = 45500+4500=50000

sp>cp,so there is a profit

profit =sp-cp

profit = 53550-50000

profit = 3550

profit % = 3550/50000× 100

profit%= 3550/500

profit %= 7.1%

Answer 2

Answer:

7.1%

Step-by-step explanation:

CP of the scooter=Rs. 45,500

Amount spent on repairs=Rs.4500

Total amount spent on the scooter= Rs.45500+Rs.4500=Rs.50,000

SP=Rs.53,550

Since SP>CP, there's a profit gained.

Profit=SP-CP

Profit=Rs.53,550-Rs.50,000=3550

Profit%=(Profit/CP)×100

Profit%=3550/50,000×100

Profit%=3550/500=7.1

Profit%=7.1%

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