Question

A boys buys an old bicycle for ₹162 and spends ₹ 18 on its remains.He sells the bicycle for₹171 find his gai8 or loss percent.​

Answer 1

Answer:

8th

Maths

Comparing Quantities

Prices Related to Buying and Selling

A buys an old bicycle for R...

MATHS

A buys an old bicycle for Rs. 162 and spends Rs. 18 on its repairs. He then sells the bicycle for Rs. 207; find his gain or loss as percent.

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ANSWER

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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