Man sold an article for Rupees 2970 and spend some money to repair it he earned a profit of 50% how much money is spent on repairing if the cost price is Rupees 1500
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Answer:
CP = 1500 Rs.
money spent on repairing = x
SP = 2970 Rs.
profit% = 50 %
profit = (profit% * CP) / 100
= (50*1500)/100
= 750
profit =2970 -(1500+x)
1500+x = 2970-750
x = 2220 - 1500
x = 720 Rs.
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