Question

Ram buys a
bicycle at rupees 3450 and sold at at rupees 4920 .find his loss and gain

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Answer 1

Answer:

Ram buys a bicycle for the amount = 3450 Rs.

sold the same bicycle for the amount = 4920 Rs

Selling price is greater than the cost price

S.P > C.P = Profit

profit = S.P - C.P

= 4920 - 3450

= 1470 Rs.

Answer 2

Answer:

CP = 3450 rs

SP = 4920 rs

CP<SP then it  means of gain then

their is also a gain  of 4920-3450

                                     =1470 rs

thus their is gain of 1470 rs

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