Question

Mahesh purchased a laptop for Rs 24,000 and spent Rs 1000 on repairing it. If he sold it for Rs 28,000, calculate his
profit or loss percent.

Answer 1

Amount of the laptop=₹24000
Amount spent on repairing =₹1000
:.Total money spent on the laptop=₹24000+₹1000=₹25000
Amount at which he sold the laptop=₹28000
:.profit or loss percentage =₹28000-₹25000=₹3000
=3000/100=30%
Answer:30%

Answer 2

Question:-

• Mahesh purchased a laptop for Rs 24,000 and spent Rs 1000 on repairing it. If he sold it for Rs 28,000, calculate hisprofit or loss percent.

Given:-

• Cost of laptop is 24,000 ₹
• Money spent on repair = 1000 ₹
• S.P of laptop = 28,000 ₹ (Profit)

ToFind:-

• Calculate his profit or loss percent

Solution:-

Gain = SP-(Cost of laptop + Mony spent on repair)

→ 28000 - (24000 + 1000)

→ 28000 - 25000

→ 3,000 ₹

Now, finding gain percent

→ 3000/25000 × 100

→ 300/250

→ 12%