Question

Reena bought a bicycle for Rs 5,000 and had to sell it for Rs 3,600. Find his loss percent or profit percent.

Answer 1

Answer:

Cost prize of refrigerator =2500+500 = Rs.3000

Selling prize = Rs.3300

Gain =S.P.−C.P.=3300−3000=300

Therefore, Gain percent = C.P.gain×100 = 3000300×100 = 10%