Ram bought second hand scooter for ₹2,700. He spent ₹100 on transportation and ₹200 on repair. He was able to sell it for ₹3,240. Find his profit or loss percent.
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Answer:
cost of second hand scooter = 2700
Additional charges = 200+100 = 300
Total c.p =2700+300 = 3000
S.P of scooter = 3240
profit = s.p-c.p = 3240-3000 = 240
Profit% = profit/cp*100 = 240/3000*100=8%
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