Question

Rahim bought an old Scooter for rupees 9700 and spent rupees 1800 for repair then he sold it for repair then he sold it for rupees 13600 is there a loss or gain if so what percent​

Answer 1

Answer:

It is gain with profit percentage is 18.26%.

Step-by-step explanation:

Given : Rahim bought an old Scooter for rupees 9700 and spent rupees 1800 for repair then he sold it for repair then he sold it for rupees 13600.

To find : Is there a loss or gain if so what percent​ ?

Solution :

Rahim bought an old Scooter for rupees 9700 and spent rupees 1800 for repair.

The total he cost Scooter is $9700+1800=Rs.11500$

The cost price is Rs.11500

The selling price is Rs.13600.

As selling price is greater than cost price which means there is profit.

So, Profit = SP-CP

Profit = 13600-11500

Profit = Rs.2100

The profit percentage is given by,

$P\%=\frac{P}{CP}\times 100$

$P\%=\frac{2100}{11500}\times 100$

$P\%=18.26\%$

Therefore, The profit percentage is 18.26%.