Question

A manufacturer purchases a second hand machine for Rs. 90.000 and incurs Rs. 30.000 on installation
and repairs. After one year he sells the machinery for Rs. 1,00,000. What is his profit or loss percentage.
if 25% is to be deducted on account of depreciation?
1) 10% profit
2) 10% loss
3) 11 %protit
4) 11 % loss​

Answer 1

Answer:

10% profit I think answer is helpful