Question

Ramita bought a second hand two-wheeler for Rs 15,000 and spent Rs 500 on its repairs. She sold it for Rs 18,600, Find her loss or profit percent.​

Answer 1

Answer:

Cp = Rs 15,000

Overhead expenses = Rs 500

and Sp = Rs 18,600

Now total CP = Rs (15,000+500)=Rs 15,500

So Profit = SP - CP

= 18,600 - 15,500

= Rs 3,100

Profit % = profit /100 × CP

= 3,100/100 × 15,500

4,80,500% Answer.

Answer 2

Given; Ramita bought a second-hand two-wheeler for Rs 15,000 and spent Rs 500 on its repairs. She sold it for Rs 18,600

To Find; the loss or profit per cent

Solution;

The cost price of second hand two wheelers =15000

Spent on repair =500

Cot price =15500

Sal price two-wheeler = 18600

Profit =18600-15500=3100

Profit per cent =3100*100/15500=20

Hence the profit per cent twenty