Question

• A person purchased on old bicycle for 500 and
spends * 40 on its maintenance. If he sold the
old bicycles for 600, then his profit percentage​

Answer 1

Answer:

Total C.P. = 500 + 40 = ₹ 540

S.P. = ₹600

Profit = S.P - C.P

= 600 - 540 = ₹ 60

Profit ℅ = 60 / 540 × 100

11.11 ℅ = Profit ℅

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