a person buy a motorcycle for 40000 and sell it for 42500 find percentage of loss or profit
Answers
Answered by
7
Answer:
profit = sp-cp
=42500-40000
=2500
profit%=profit/cp×100
=2500/40000×100
=6.25%
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Answered by
13
The Profit % made is 6.25%
Given :
Buys the motorcycle at = Rs. 40000
Sells the motorcycle at = Rs. 42500
To Find :
The profit/loss %
Solution :
Here ;
- Cost Price (CP) = Rs. 40000
- Selling Price (SP) = Rs. 42500
42500 > 40000
Selling Price > Cost Price
It is a Profit
Profit % =
★
The Profit % made is 6.25%
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