Math, asked by yallappabalekundri, 3 months ago

A mechanic bought a used bicycle for Rs. 475 and spent Rs. 125 on repairing it. He
sold the bicycle for Rs. 570. Find his profit or loss percentage.​

Answers

Answered by CyberSquad
1

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gaurav16497

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Purchased price= Rs 450

repairing cos=Rs 50

total cost price= 450+50= Rs 500

selling price= Rs 600

profit= 600-500=Rs 100

profit %= (profit)/(cost price)*100

profit%= (100)*(100)/500= 20%

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Answered by raghavaggarwal0702
1

CP of bicycle = 475

Overhead Expenses = 125

New CP = 475 + 125

              = 600

SP of bicycle = 570

Loss = 600-570

        = 30

loss% = (30/600 × 100)%

          = 5%

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