Question

Aamir purchased a second-hand scooter for Rs 12000 and spent Rs 2000 on its repair. He

sold it for Rs 16000. Find his profit or loss percent.​

Answer 1

Answer:

Profit = Rs 4000

Step-by-step explanation:

Cost Price = 12000 + 2000

Cost price = 14000

Selling Price = 16000

Profit = SP-CP

Profit = 16000-14000

Profit = 4000

Answer 2

Answer:

Aamir would earn a profit of 12.5%.

CP = Rs 12000 + 2000 = Rs 14000

SP = Rs 16000

Thus here is profit of Rs 2000

profit percent = SP - CP× 100 / SP

implies that,

16000-14000 × 100 / 16000

= 12.5% answer....

I hope it will help you.