raman purchased a bike for rs 85530 he spent for 1200 on its accersiores .he sold the bike for rs 50,000.did he earn a profit or loss and by how much
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Step-by-step explanation:
Cost of bike = Rs 85530
Spending in accessories = Rs 1200
Total CP = Rs (85530+1200) = Rs 86730
SP = Rs 50000
As CP>SP,
Therefore he suffers a loss of = CP-SP
= Rs (86730-50000)
= Rs 36730
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