Question

A shopkeeper purchased a bed for rs. 8000. 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

original cost price =8000 +200+300
=8500 Rs
but he sold it 8100 Rs
so, he take loss =c.p -s.p
=8500 -8100 =400
now,
% loss =(400/8500) x 100
=400/85 =80/17 =4.7%

Answer 2

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