Question

Parth bought bike for ₹42,000. He spent ₹1800 on repairing some of its parts. Later he sold it for ₹41,000 .How much profit or loss did he gain..​

Answer 1

Step-by-step explanation:

Parth bought bike for rupees 42,000

amount spent on repairing is rupees 1,800

total amount spent is rupees 43,800

now, he sold the bike for rupees 41,000

loss/profit = 41,000 - 43,800

= - 2,800

so he got a loss of rupees 2,800