Question

Abdul bought an old bike for 12,500 and spent 3000 on its overhauling Then he sold it for? 18,000. Did he incur loss or make profit? How much?​

Answer 1

Answer:

He sold his bike at his profit. 2500

Step-by-step explanation:

Add 12500 and 3000 = 15500

and sold it at 18000

now subtract SP from CP

18000 -15500 = 2500

Answer 2

Answer:

a profit ha occurred of 2500

Step-by-step explanation:

C.P= 12500

Overheads= 3000

S.P = 18000

S.P>C.P thus profit

profit = S.P - C.P

TCP = C.P + overheads

THERFORE 12500+3000=15500

P= 18000-15500

=2500