Mohit buys an old bicycle for rs 2700 and spends rs 500 on its repairs. If he sells the bicycle for rs 3520, then what is his profit percentage? Options:
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Answered by
2
Answer:
11.85%
Step-by-step explanation:
he buys 2700 and spends 500
he expenditures (2700+500)=3200
he sells for 3520
his profit is (3520-3200)=320
his profit percentage is =(320/2700×100)%=11.85%
Answered by
1
Answer:
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11. 85%
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