Mohan Lal purchase old Scooter for 12000 rupees and stat 2850 then he sold it to his friend Sohan for 13860 how much percentage did the gain or loss
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c.p-12000
overhead expenses-2850
sp-13860
profit -s.p-c.p
-13860-12000
-1860rs
profit% =profit/cp*100
=1860/12000*100
answer =15.5%
overhead expenses-2850
sp-13860
profit -s.p-c.p
-13860-12000
-1860rs
profit% =profit/cp*100
=1860/12000*100
answer =15.5%
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