Question

A person purchase a bike in 47000 rupees and use extra 3000 rupees to repare it and then in 52000 rupees vend this bike so how much profit or loss will be occured ?​

Answer 1

Answer:

profit of 2000

Step-by-step explanation:

cp of bike=47000

cos for repairing=3000

So total cp=50000

sp=52000

As sp>cp it is a profit

52000-50000

2000

therefore it is a profit of rs2000

Answer 2

Answer:8000

Step-by-step explanation

Sp of bike 47000

Amount spent on repair 3000

Amount spent on vending the bike 52000

Total amount spent on bike 3000+52000

55000

Loss 55000-47000

8000