Pawan purchased an almirah for rupees 5250 . he spent rupees 100 on transportation and rupees 250 on minor repairs. then he sold the almirah for rupees 7560 find the percentage of profit or loss made by Pawan
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Step-by-step explanation:
there is no loss and l have written the solution sortly
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Answer:
44 %
Step-by-step explanation:
CP of almirah = 5250
cost of transportation = 100
cost of repairing = 200
SP of almirah = 7560
we know that SP is greater then CP , so there is a profit
therefore profit = SP - CP
= 7560 - 5250
= 2310
now profit % = profit / CP ×100
= 2310 / 5250 ×100
= 44%
therefore profit % = 44%
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