Question

Abhishek purchased a second hand washing machine for ₹5,000 and spent ₹400 on its repairs. He sold it for ₹6,300. Find here loss or profit per cent.​

Answer 1

Answer:

Profit % = 6%

Step-by-step explanation:

Cost Price of the second hand washing machine = rupees 5,000

Cost on repairs = rupees 400

The repairs and expenditures will be added to Cost price( C.P )

So,

= 5,000 + 400 = 5,400

Selling price of washing machine = rupees 6,300

S.P > C.P, it is a profit.

Profit = S.P - C.P

Profit = rupees 900

Profit % = Profit / C.P * 100

Profit % = 6%

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