Question

Annu bought a moter cycle for ₹36500. since it was in need of repair, she spent₹500 on paint ₹1000 on a few parts .later she sold it for ₹47600 find out the profit or less percentage​

Answer 1

Answer:

Percentage of profit is 25.26%

Step-by-step explanation:

Cost price of the motorcycle = ₹36500

Money spent on painting = ₹500

Money spent to repair = ₹ 1000

Therefore total cost spent on the cycle = 36500 +500 +1000 = ₹ 38000

Selling Price of the cycle = ₹ 47600

Since the selling price is greater than the total cost spent on the cycle, it was a profit for Annu.

Profit = 47600 - 38000 = ₹ 9600

Percentage of profit = (9600 / 38000 ) $\times$ 100 = 25.26 %