Question

Ram bought a second hand cycle for rupees 500 he spent rupees 80 in repair and rupees 175 in repainting then he sold it to John for Rs 900 how much did he gain or loss​

Answer 1

Answer:

Step-by-step explanation:

Ram buyer the cycle in

500+80+175=755

Then sold the cycle in 900

900-755=145

So Ram got a profit of 145₹

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Answer 2

He gain Rs.145

Step-by-step explanation:

Cost price of cycle = Rs.500

He spent on repairing = 80

He spent on repainting = 175

Total cost = 500+80+175 = Rs.755

Selling price of cycle = Rs.900

SP>CP

So, Profit

Profit = Selling price - Cost price = Rs.900-Rs.755=Rs.145

Hence He gain Rs.145

#Learn more :

If CP is 80.50 and SP is 83.72 find his gain and gain percent

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