hanif purchased a scooter for a rupees 12500 he spent rupees 1200 on painting the scooter and rupees 550 on polishing . He then sold the scooter for rupees 16530 .Find the profit and the profit %in the whole transaction
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Given:
cp of a scooter=12500
cost of painting=1200
cost of polishing=550
then,
actual cp= 12500+1200+550=14250Rs.
and
sp=16530
sp is greater than the cp
then,
profit= sp-cp
16530-14250=2280
profit per.=profit/cp*100
2280/14250*100=16%
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