Question

\: \huge\colorbox{pink}{Question}Question​

A man bought a machine for ₹12,775 and paid ₹550 for transporting it to his town. He sold it for ₹14,500. What was his profit​

Answer 1

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Gɪᴠᴇɴ:-

ᴄᴏsᴛ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ ᴍᴀᴄʜɪɴᴇ = ʀs. 12,775

ᴍᴏɴᴇʏ sᴘᴇɴᴛ ᴏɴ ᴛʀᴀɴsᴘᴏʀᴛᴀᴛɪᴏɴ = ʀs. 550

ᴛᴏᴛᴀʟ ᴍᴏɴᴇʏ sᴘᴇɴᴛ ʙʏ ᴛʜᴇ ᴍᴀɴ:

ʀs. (12,775+550) = ʀs. 13,325

Nᴏᴡ:-

sᴇʟʟɪɴɢ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ ᴍᴀᴄʜɪɴᴇ = ʀs. 14,500

Wᴇ ᴋɴᴏᴡ ᴛʜᴀᴛ ,

ᴘʀᴏғɪᴛ = sᴇʟʟɪɴɢ ᴘʀɪᴄᴇ - ᴘᴀɪᴅ ᴘʀɪᴄᴇ

ᴛʜᴇʀᴇғᴏʀᴇ,

ᴘʀᴏғɪᴛ = ʀs. (14,500-13,325)= ʀs. 1,175

Hᴏᴘᴇ Iᴛ Hᴇʟᴘs Yᴏᴜ Sᴡᴇᴇᴛɪᴇ♡︎

Answer 2

Answer:

The profit earned by the man is ₹ 1,175

Step-by-step explanation:

Given

Cost price(C.P.) of the machine = ₹ 12,775

Cost of transportation = ₹ 550

Selling price(S.P.) of the machine=₹14,500

therefore,

Total cost paid by the man = C.P. + cost of transportation

= ₹ 12,775 + ₹ 550

= ₹ 13,325

To find:

Profit = S.P. - C.P.

here, C.P. = total cost price or cost paid by the man

we have,

Solution:

Profit or gain = S.P. - C.P.

$= 14500 - 13325 \\ = ₹ \: 1175$

Thus, the total profit earned by the man is ₹ 1,175.