ramanath bought a cupboard for ₹7500 and spend ₹1000 to paint and ₹2,500 to transport it.He then sold it for ₹9900. Find the percentage profit he made
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Answer:
10%
Step-by-step explanation:
CP1 =7500
CP2 =1000
CP3 =2500
TOTAL CP =7500+1000+2500
=11000
SP= 9900
gain = SP-CP
= 11000-9900
= 1100
GAIN%= 1100/11000 *100
= 10%
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