Question

abraham bought a music system for rupees 6375 and spent rupees 75 on its transportation ,he sold it for rupee 6400.find his profit or loss per cent

Answer 1

abraham baught music system in 6375 rupees
spent rupees on transportation 75
so music system real money is 6375-75=6300
he sold this in 6400
so profit rupees is 6400-6300=100
so its profit percent is
$100 \div 6300 \times 100 = 1.58$
so answer is 1.58%

Answer 2

Given:

Abraham bought a music system for rupees 6375 and spent rupees 75 on its transportation ,he sold it for rupee 6400.

To Find:

Find loss or profit percent

Solution:

Cost price of music system = Rs.6375

Transportation cost = Rs.75

So, total cost price = 6375+75=6450

Selling price of music system = Rs.6400

SP<CP

So, Loss

$Loss\% = \frac{CP-SP}{CP} \times 100\\\\Loss\% = \frac{6450-6400}{6450} \times 100\\\\Loss\% =0.775\%$

Hence The loss percent is 0.775%