Anand bought a second hand cooler for rupees 2,000 spend rupees 500 on its repairs and sold it for rupees 4000 .find his profit and profit percent. answer step by step.
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Step-by-step explanation:
cost of second hand cooler is 2000
amount spent on its repair is 500
sp = 4000
cp = 2000 + 500 = 2500
profit = sp - cp
= 4000 - 2500
= 1500
profit % = profit / cp * 100
= 1500/2500 * 100
= 60 %
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