Ayush buys an old scooter for ₹ 4,800 and spend ₹ 700 on its repair. if he sells the scooter for ₹ 5,900 find his profit
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Step-by-step explanation:
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Step-by-step explanation:
Cost price = 4700 + 700 = 5500
Selling price = 5900
Profit = 5900 - 5500 = 300
% of profit = 300 (100) / 5500 = 5.45% or 5.5% (approx)
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