Question

A shopkeeper purchased a motorcycle for rupees 12000 and he spent rupees 3000 on its repair he sold the motorcycle for rupees 18000 what his profit percent ​

Answer 1

Answer:

Cp = 12000 + 3000 = 15000

sp = 18000

profit = cp - sp = 18000 15000 = 3000

So,

profit % = profit/cp*100

= 3000/15000*100

= 300/15 = 20%

so the answer is 20%