Question

Raju bought second hand bicycle for 1120 and spent 160 to repair if he sold it for 1344 find his profit or loss percent

Answer 1

total CP=>1120+160=1280

SP=> 1344

profit => 1344-1280= 64

profit %=>64*100/1280=5%

Answer 2

Answer:

5 percent profit

Step-by-step explanation:

Raju bought 2nd hand bicycle = Rs 1120

Spent for repair = Rs 160

Therefore, Total CP = 1120 + 160

= 1280

SP = 1344

Profit = SP - CP

Therefore,

PROFIT = 1344 - 1280

= 64

PROFIT % = PROFIT/CP × 100

Therefore,

64/1280 × 100

= 5

therefore, he sold the bicycle for 5 % PROFIT