Question

a mehanic buys a bicycle for rs 1125 and spend rs 75 for its repairs. if he sells it for rs 1500find his profit or loss percent on selling price​

Answer 1

Answer:

mechanic buys cycle rupees = Rs.1125

spends rupees for repairs. = Rs. 75

So, Total C.P.of the mechanic = Rs.1125 +Rs.75 = Rs.1200

He sells the bicycle for. rupees (S.P.) = Rs. 1500

Profit = SP - CP

= 1500 - 1200

= Rs.300

So profit percent on selling price is

= Profit × 100. = 300 × 100

C.P. 1200

=. 100. = 25%

4

So, the profit percent on selling price of the bicycle is 25%.

hope it helps ☺️