Question

A shopkeeper purchases of motercycle for Rs 12000 and he spend Rs 3000 on its repair he sold he motorcycle for Rs 18000 what is his profit percent ​

Answer 1

20 % will be the answer

Answer 2

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%