Question

Rohit purchased a scooter for rs 34537. He spent we 835 for repairing it. If he sold the scooter for rs 38430. then find his profit or lose.

Answer 1

He bought scooter for rs34537
Now his total expenditure on scooter= 34537 + 835=rs35372

Profit= Sp-total expenditure
= 38430-35372
=rs 3058

Answer 2

Cost price of scooter (CP) = Rs 34537
Overhead Expenses (OE) = Rs 835
Selling Price(SP) = Rs 38430
OE + CP = total CP or TCP
So TCP = 34537 + 835 = Rs 35372
Profit = SP - TCP
P = 38430 - 35372 = 3058

Profit = gain = Rs 3058

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