Question

INNINGS 7.3
In the following cases, find profit% or loss%:
(a) A bicycle was purchased for 1000 and sold for 1200.
(b) A mobile phone was purchased for 34200 and sold for 3500.
(c) A second hand car was purchased for 375,500 and 12,500 was spent on it
sold for 1,10,000.​

Answer 1

Answer:

a.loss

b.loss

c.profit