Question

man purchased a sewing machine forRs. 1250 and spent rs. 250 on its transportation. He sold it for rs. 1600
Find his profit per cent.
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Answer 1

c.p of a sewing machine = rs 1250

money spend on transportation = rs 250

actual c.p of a sewing machine= 1250+250 = 1500

s.p of a sewing machine= 1600

profit = s.p - c.p

= 1600-1500 = 100

profit%= p/c.p × 100

= 100/1500×100

=20/3 %