Question

Atul buys an bicycle for 204.00 and spend 80.00 in all repairing he sells the bicycle to his friend for 180 find out howmuch profit or loss Atul made​

Answer 1

Given :

• CP of the bicycle $\rm{=204.00Rs.}$
• Repairing charge $\rm{=80 Rs.}$
• SP of the bicycle $\rm{=180Rs.}$

To find :

• The profit/loss.

Solution :

As it is given that the,

CP of the bicycle $\rm{=204.00Rs.}$

Repairing charge $\rm{=80 Rs.}$

The total amount of bicycle $\frak{=₹(204+80)}$

$\frak{=₹284}$

SP of the bicycle (given) $\frak{=₹180}$

Here we can observe that the SP is less than the CP

∴ $\sf\blue{CP>SP.}$

Hence, it's clear that we have ''loss''.

To find Loss we will put the formula :

$\rm{Loss=CP-SP}$

$\rm{Loss=284-180}$

$\rm{Loss=₹104}$

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