Question

a farmer parchased a moter rs 13500 and spent rs 500 for transportation. He sold the motor for rs 15500 . find the percentage of profit or loss.​

Answer 1

Answer:

Profit% is 10.7%

Step-by-step explanation:

Total cost prize = 13500+500 = 14000

s.p. = 15500

gain = 15500-14000 = 1500

gain% = $\frac{1500}{14000}$ ×100%

=10.7%