Ravi bought a cycle for 2000he spent 500 On extra fittings he then sold it for 3000 find the overall profit or loss percentage
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Costprice=2500 that is cycle cost=2000and extra fittings =500
So 2000+500=2500
Sellingprice=3000
Profit%=gain. 100/cp
Gain=sp-cpgain
=3000-2500=500
=Gain=500
=Profit%=500.100/2500
=500/25
=20
So 2000+500=2500
Sellingprice=3000
Profit%=gain. 100/cp
Gain=sp-cpgain
=3000-2500=500
=Gain=500
=Profit%=500.100/2500
=500/25
=20
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