A second hand television set bought for 4000. it's transportation costs was 95.The dealer spent 2000 on repairs and sold it for 5520.find the dealer's profit or loss?
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Answered by
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Answer:
Step-by-step explanation:
CP = 5000 + 500 + 300 = 5800 ( extra expenses)
SP = 5500
CP>SP
Loss = CP - SP
Loss = 5800-5500= 300
Loss % = Loss/ CP * 100
Loss%= 300/5800 * 100
= 5.17%
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