Question

62' - 5y)
Q9] Raju bought a second hand bicycle for Rs. 3500 then spent Rs. 600 on its repair and sold
if for Rs. 4500. Find his loss or gain percent.​

Answer 1

Answer:

Profit percent is 9.76%

Step-by-step explanation:

Cost of cycle =3500

Cost of repairing =600

Total cost =3500 + 600 = 4100

Selling price =4500

Profit or Loss = Selling price - Cost price

=4500−4100=400 (Positive)

Hence, Raju makes a profit of Rs.400.  

So, profit percent will be   = 400/4100 x 100

​                                       =400/41

                                           = 9.76

Hence, profit percent is 9.76%