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:

Profit Percentage=25% (approx.)

Step-by-step explanation:

CP of motor cycle (before counting Overhead Charges)=₹36500

Overhead charges (extra money spent)=₹500+₹1000

CP= ₹36500+(₹500+₹1000)

=₹36500+₹1500=₹38000

SP of Cycle=₹47600

Profit or loss?

₹38000<₹47600

So, Profit, as CP<SP.

Profit amount= ₹47600-₹38000= ₹9600

Profit Percentage=(₹9600/₹38000)*100

=₹960000/₹38000= 25% (approx.)