John purchase motorcycle for rupees 20000 and sold it for 25000 did he make a profit or loss and how much
Answers
Answered by
1
Answer:
CP=Rs 20,000
SP=Rs 25,000
gain=SP-CP=Rs (25,000-20,000)= Rs 5,000
gain %=gain×100/CP=5,000×100/20,000=25%
Answered by
2
Answer:
5000
Step-by-step explanation:
Cost Price of Motorcycle Bought By John : 20000
Selling Price of Motorcycle Sold by John : 25000
Therefore, Selling Price
Profit = Selling Price - Cost Price
= 25000 - 20000
= 5000
Profit = 5000
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