Question

A shopkeeper purchased a bed for rs. 7,000. he spent rs. 300 on transportation and rs. 200 on its polishing. he sold it for rs. 8,100. what was his profit or loss percent?

Answer 1

First of all we add all rs. from purchase
7,000+300+200=7,500
now we take percentage
7,500÷100=75
so we get 75 =1%
now he sold in 8,100 rupees
now, 8,100-7,500=600
(600×100÷7,500)%=8%
his get profit of 8%.

Answer 2

Original price=₹7000+₹500
=₹7500
Selling price=₹8100
Profit=₹600
Profit percent=(600/7500)^100
=8 percent