Question

Samar purchased a bicycle for rs. 4200and spent rs. 800 on its repair.he had to sell it for rs. 4500.find his profit or loss%​

Answer 1

Answer:

Total purchase price of Cycle = 4200 + 800 = ₹5000

Selling price = ₹4500

Therefore, Loss = CP - SP = 5000 - 4500 = ₹500

So, Loss percent = loss/CP × 100%

= 500/5000 × 100%

= 10%

Answer 2

Answer:

Samar's profit was 100 rupees.

Step-by-step explanation:

Given:

Samar purchased a bicycle for Rs. 4200and spent Rs. 800 on its repair. he had to sell it for Rs. 4500.

To find:

his profit or loss%​.

Step 1

Loss percentage directs to the amount of loss incurred in percentage. Loss exists as a word that comes into the picture when the cost price exists more significant than the selling price. Therefore, it exists even the distinction between the cost price and the selling price and the percentage loss exists in the percent of loss in terms of actual cost price. When the selling price and cost price are comprehended, the fundamental formula for estimating the loss exists:

Loss = Cost price (C.P.) - Selling price (S.P.)

Step 2

Total purchase price of Cycle = 4200 + 800 = ₹5000

Selling price = ₹4500

Thus, Loss = CP - SP

= 5000 - 4500 = ₹500

So, Loss percent = loss/CP × 100%

= 500/5000 × 100%

= 10%

Samar's profit was 100 rupees.

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