Question

A trader from sydney buys a computer for Rs.30000 and spend Rs.1000 as overhead expenses. He then sells it sydney for Rs.25000. Find profit /loss faced by him. also find the percent for the same​

Answer 1

Answer:

Since the trader buy the computer for Rs30,000 and spends Rs 1,000 as overhead expenses. So, cost price of the computer = Rs 30,000 + Rs 1,000 = Rs 31,000. Selling price of the computer = Rs 25,000.