Question

A bicycle was bought for Rs 3500 and sold for Rs 2000. Find its loss or profit percent.​

Answer 1

profit of 1500

i.e 71%

have a nice day

Answer 2

Answer:

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Step-by-step explanation:

Here, the cost price is less than the selling price, so there will be profit.

We know,

Profit % =

C.P

profit

×100

Profit =3000−2500=500

Profit % =

2500

500

×100

=20%