Question

Anil buys old book from his friend for rupees 25000 he spend 500 in binding them .he then sellsthem off to another friend for ruppes 3500 .find the gain or loss per cent​

Answer 1

Step-by-step explanation:

i think the price should be 2500 and not 25000

anil bought the book = 2500

binding cost = 500

total expenditure (cp)= 3000

selling price = 3500

PROFIT OF 500 rs occurs

profit%=profit/Cp *100

=500/3000*100

=16.66%