A merchant bought 10 bicycles at rs 2400 per bicycle and sold 5 of them at rs 2200 each and remaining 5 bicycles at rs 2800 each.find his profit or loss percentage?
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The rate of 10 bicycle =2400.
merchant sell 5 bicycle in rs=2200
the remaining 5 bicycle he sold in rs=2800
the amount of money he earn= 2200+2800
= 5000
he buy total cycle for rs=2400
he sold total cycle for rs =5000
the profit or loss percentage of merchant = 5000-2400=600rs profit
there is your anwser
thank you
merchant sell 5 bicycle in rs=2200
the remaining 5 bicycle he sold in rs=2800
the amount of money he earn= 2200+2800
= 5000
he buy total cycle for rs=2400
he sold total cycle for rs =5000
the profit or loss percentage of merchant = 5000-2400=600rs profit
there is your anwser
thank you
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