Question

Q3 Medha bought an old
scooter for RS 4600, she spent Rs 400 on minor repairs , If she sold it for Rs 4800 find the profit or loss percentage.​

Answer 1

Answer:

20%

Step-by-step explanation:

Given,

C.P= Rs 4600 + Rs 400 for minor repairs

= Rs 5000

S.P= 4800

So, we can see that Medha goes into a loss of Rs 200.

Therefore Loss Percentage= [Loss × C.P] ÷ 100

= 200 × 5000 ÷ 100

= 20%