Question

Ravi bought a second hand refrigerator for Rs.6500. He spent Rs.1000 on its repairs and sold for Rs. 8300. Find his profit or loss percent

Answer 1

Answer:

hope you understand it

Answer 2

$Given \: Cost \: price \: of \: second \: hand \\refrigerator ( c.p) = Rs \: 6500$

$Repairing \: charges (r)= Rs \: 1000$

$Total \: cost \: price\\ = c.p + r \\= Rs \:6500 + Rs \: 1000 \\= Rs\: 7500$

$Selling \:price (s.p) = Rs \: 8300$

$Here , \pink{ s.p \gt c.p }$

$Ravi \: gets \: profit .$

$\blue{ Profit = S.P - total \:cost \: price }$

$\blue{ Profit } \\= Rs \:8300 - Rs\: 7500$

$= Rs \:800$

$\pink{ Profit \: percentage }\\= \frac{profit}{Total \:cost \: price} \times 100 \\=\frac{800}{7500} \times 100 \\= 10\frac{2}{3} \%$

Therefore.,

$\red{ profit }\green { = Rs \: 800 }$

$\red{ Profit \: percentage } \green { = 10\frac{2}{3} \% }$

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