Question

A second hand automobile dealer bought an old scooter for 2700.He spent 100 on transportation and 200 on repairs .He was able to sell it for 3240 .Find his profit percent or loss percent​

Answer 1

Answer:

the profit percent is 8 percent

Step-by-step explanation:

c.p. of scooter =2700+100+200=3000

s.p. of scooter = 3240

profit = s.p.-c.p.

profit=3240-3000

profit = 240

profit percent = profit/c.p.*100

profit percent = 240/3000*100=8 percent