Question

Ranjith bought a washing machine for ₹16150 and paid ₹1350 for its transportation. then, he sold it for ₹19250. find his gain or loss percentage.​

Answer 1

Answer:

profit% = 10%

Step-by-step explanation:

cost price  CP = buying price + transportation

                        = Rs. 16150+ Rs.1350  (given)

                        = Rs.17500

SP = Rs.19250

here, SP > CP

=> profit

so, profit = sp-cp

               = 19250-17500

               = 1750

therefore, profit % = (profit*100)/CP

                               = (1750*100)*17500

                               = 10%