Question

Q1. Mr. Tahir bought an air conditioner for Rs.24,500 and spent Rs. 500 on its repairs. He sold it for Rs. 27,000. Find the profit percent on this transaction.​

Answer 1

Answer:

8%

Step-by-step explanation:

tahir bought air conditioner ₹ 24500

he spends some money on its repairing ₹500

add 24500+500 the answer is 25000 this is called cp

and 27000 sp is given

then we the find the profit

profit=sp-cp

27000-25000=2000

profit percentage=profit/cp×100

=2000/25000×100

finally the answer is 8%