Question

madan purchased an scooter from a mechanic for₹11000and spent ₹600on its repairs. he then sold it for₹ 12992. how much percent did he lose or gain
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Answer 1

Step-by-step explanation:

Madan purchased a scooter for=11000rs

spent on it=600rs

Total CP=11000+600=₹11600

SP=12992RS

Profit=Sp-Cp

Profit=12992-11600

Profit=₹1392

There is profit

Profit%=(P/CP)100

P%=(1392/11600)100

P%=12%

Answer 2

CP of scooter=11000

Repairing cost=600

TotalCPof scooter=11600

SPof scooter=12992

Profit=SP-CP

=12992-11600

= 1392

PROFIT%=Profit/cp×100

=1392/11600×100

=12%