Ram purchased a refrigerator for Rs 10000 and spent Rs 2000 on its repairing and 1000 on the transportation. He sold it for rupees 15000 .Find his profit or loss percent?
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Ram purchased a refrigerator for Rs 10000 and spent Rs 2000 on its repairing and 1000 on the transportation. He sold it for rupees 15000 .Find his profit or loss percent?
2000+1000=3000
10000-3000=7000
15000+7000=12000
12000/1000×100
=12% of gain.
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Answered by
1
Step-by-step explanation:
CP = Purchase price+ Repairing price + Transportation price
CP = 10000+2000+1000
= 13000
Since, CP < SP
Therefore, he gains profit = SP - CP
= 15000 - 13000
= 2000
Now, Profit % = ( Profit ÷ CP ) × 100
= 2000 × 100
13000
= 200
13
= 15.38 %
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