Question

Aman buys an old bicycle for rupees 3800 he sels the bicycle for rupees 4400 determine the profit or loss percent

Answer 1

Answer:

it is profit

Step-by-step explanation:

cp=₹3,800 and sp=₹4,400

profit=sp-cp

profit=₹4,400-₹3,800

profit=₹600

now we have to find profit percent

so,just put on the profit percent formula and find the answer the answer is ₹15.79%

Answer 2

Given: Aman buys an old bicycle for rupees 3800 he sels the bicycle for rupees 4400.

To find: The profit or loss percent.

Solution:

Since Aman buys the bicycle for Rs. 3800, the cost price of the bicycle becomes Rs. 3800. Also, the selling price of the bicycle becomes Rs. 4400 because he sells it for that price. As the selling price is greater than the cost price, there is a profit. Now, the profit can be calculated as follows.

$P = SP - CP$

           $=4400 - 3800$

           $= 600$

Here, P is the profit, SP is the selling price and CP is the cost price of the bicycle. Thus, the profit percent can be calculated using the following formula.

$(Percent)_{profit} = \frac{P}{CP} * 100$

                        $= \frac{600}{3800} * 100$

                        $= 15.79$

Therefore, the profit percent is 15.79%.