Question

Rahul purchased second hand biycycle for rupees 1400 and spent rupees 400 on its repair . he sold it for rupees 1920 . find his gain loss percentage​

Answer 1

Answer:

Cp of the bicycle=Rs.1400

Spent for repair=Rs.400

Total Cp=Rs(1400+400)

=Rs.1800

Sp=Rs.1920

Sp>Cp so,

Profit=Sp-Cp

Rs.(1920-1800)

=Rs.120

Now,

Profit %=P/Cp*100%

120/1800*100%

=6.67%