abhinav bought a second hand scooter for rs 10500 and spend rs250 on its repairs. he then sold it to his friend for rs12362.50. what is his profit percentage
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15%
Step-by-step explanation:
cost price of scooters = 10500
repair cost = 250
so total cost price = 10500+250
= 10750
scooter sold at the price = 12362.50
Hence profit = 12362.50 - 10750
= 1612.50
profit% = profit/cost price x 100
= 1612.50/10750 × 100
= 15
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