Question

A shopkeeper purchased an old cycle
for Rs 2500 and spent Rs 500 on its
repairs. he then sold the same cycle
at Rs 3750. find the profit%​

Answer 1

Step-by-step explanation:

Given : Cost of cycle =3750

Cost of repairing =250

Total cost =3750+250=4000

Selling price =4400

Profit or Loss = Selling price - Cost price

=4400−4000=400 (Positive)

Hence, sonu makes a profit of Rs.400.

So, profit percent will be

4000

400

×100=10%

Hence, profit percent is 10%

Answer 2

Answer:

CP of old cycle = ₹ 2500

repairing cost = ₹ 500

selling price = ₹ 3750

total CP will be = 2500+500

= 3000

profit = SP -CP

= 3750-3000

= 750 (profit)

profit% = profit ×100 / CP

profit % = 25%

I have solved profit % in the attachment check there

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