Question

john bought an old motorbike for ₹ 5675 and spent ₹ 453 on its repair. Then he sold it in ₹ 5265, find out profit / loss in this transaction.

Answer 1

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Answer 2

Answer:

$given \\ john \: bought \: an \: old \\ motorbike \: for \: ₹ 5675 \: and \\ spent \: ₹ 453 \: on \: its \: repair. \\ Then \: he \: sold \: it \: in \: ₹ 5265$

$to \: find \\ profit / loss \: in \: his \\ transaction.$

$total \: c.p(cost \: price) \: of \: old \\ motorbike = 5675rs. + 453rs. \\ = 6,128rs.$

$amount \: spent \: on \: repair = 453rs.$

$s.p(selling \: price) \: of \: old \\ motorbike = 5265rs.$

$selling \: price \: is \: lesser \: that \: cost \: price$

$so \: it \: is \: loss$

$loss = c.p - s.p$

$= 6128rs. - 5265rs. \\ = 863rs.$

therefore loss=863rs.

Step-by-step explanation:

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