Question

manoj repairs refrigerators.he buys an old refrigerator for rupees 3000 and spends rupees 1,200 on its repairing .Find his profit or loss per cent if he sells it for rupees 6000​

Answer 1

Answer: 52.38% profit

Step-by-step explanation:

Given:

Manoj buys a second-hand refrigerator for Rs. 3000 and Rs. 1200 is spent on its repairing. Manoj sells the refrigerator for Rs. 6000.

Find:

Manoj's profit or loss percent

Solution:

Total Cost Price of the Refrigerator = Rs (3000 + 1200)

                                                           = Rs. 4200

Selling Price of the Refrigerator = Rs. 6000

As the Selling price is more than the Cost price, there is a profit.

Profit = Selling Price - Cost Price

         = Rs. (6000 - 4200)

         = Rs. 2200

Therefore, Profit % = Profit × 100 / Cost Price

                               = 2200 × 100/ 4200

                               = 52.38%

Answer:

The Profit percent of Manoj by selling the Refrigerator is 52.38%