Question

I bought an old motorcycle for ₹ 12,500 and spent ₹ 3000 on its repairs. Then, I sold it for ₹ 3,500. find his total profit.​

Answer 1

Buying Cost of motorcycle =INR 12500

Repairing Cost of motorcycle =INR 3000

sell price of motorcycle =INR 18000

So, Profit = Selling Price − Cost price

=18000−3000−12500

=2500

So, Profit is 2500 INR.

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