A shopkeeper bought a bicycle for 3000 and sold the same for 3400 how much was his profit
Answers
Answered by
2
Answer:
400
Step-by-step explanation:
SP-CP=Profit
(SP=selling price
CP=cost price)
3400-300=P
400=P
Answered by
7
Answer:
Profit - 400
Step-by-step explanation:
Cost price of the bicycle brought by the shopkeeper = 3000
Selling price of the bicycle he sold = 3400
Now since selling price > cost price, there is a profit
Formula for profit is S.P - C.P
Profit = S.P - C.P
= 3400 - 3000 = 400
Hope This Helps You!
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