Question

A boy buys an old bicycle for Rs. 162 and spends Rs. 18 on its repairs before selling the bicycles for Rs. 207. Find his gain or loss percent.
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Answer 1

Required Answer:

$\huge{\boxed{\sf{profit\% =25\%}}}$

Question:

A boy buys an old bicycle for Rs. 162 and spends Rs. 18 on its repairs before selling the bicycles for Rs. 207. Find his gain or loss percent.

To find :

Profit/Loss%

Given:

• C.P of old bicycle = ₹162
• Money spend on repairs= ₹18
• S.P of old bicycle=₹207

Answer:

To find total Cost prise:

→Total C.P =C.P of old bicycle+Money spend on repairs

→Total C.P=₹162+₹18

→Total C.P=₹180

$\</strong><strong>s</strong><strong>m</strong><strong>a</strong><strong>l</strong><strong>l</strong><strong>\</strong><strong>b</strong><strong>l</strong><strong>u</strong><strong>e</strong><strong>{</strong><strong>{\boxed{\sf{</strong><strong>As</strong><strong>\</strong><strong>:</strong><strong> </strong><strong>we\</strong><strong>:</strong><strong> </strong><strong>can\</strong><strong>:</strong><strong> see </strong><strong>\</strong><strong>:</strong><strong>S.P>C.P</strong><strong>}</strong><strong>}</strong><strong>}}$

$\small\blue{{\boxed{\sf{.°. We \:know\: that \:boy\: made\: a \:profit}}}}$

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To find Profit:

→Profit=S.P-C.P

→Profit=₹207 – ₹162

→Profit=₹45

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To find Profit %:

$⇝profit\% = \frac{profit}{cost \: prise} \times 100$

$⇝profit\% = \frac{45}{180} \times 100$

$⇝profit\% =2.5 \times 10$

$⇝\orange{profit\% =25\%}$

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hope it helps!

ツ

Answer 2

$\sf\underline\red{Given:}$

• CP of the cycle=$\rm{₹162}$
• Repairing charge=$\rm{₹18}$
• Actual price after reparation=$\rm{₹162+₹18=₹180}$
• SP of the cycle= $\rm{₹207}$

$\sf\underline\blue{To\:find:}$

→The gain or loss percent.

$\sf\underline\orange{Solution:}$

We have SP and CP ,on observing both CP and SP.

On observing $\rm{SP>CP}$

$\rm{Therefore\:here\:it\:is\:Profit.}$

$\rm\pink{⟾Profit=SP-CP}$

$\rm\pink{⟾Profit=₹207-₹162=₹45}$

$★\rm{Profit\%=}\dfrac{P}{CP}×100$

$\mapsto\rm{Profit\%=}\dfrac{45}{180}×100$

$\mapsto\rm{Profit\%=5×5}$

$\mapsto\rm{Profit\%=25\%}$

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Hope it's helpful