Question

Simran bought a bicycle for Rs.800 and spent Rs.200 on its repair. She then sold it forRs.900. Find her profit/loss percentage.

Answer 1

Answer:

Simran cost on bicycle=1000 rs

simran sold it for=900 rs

loss=selling price-cost price

loss=100 rs

loss percent=(loss/cost price)*100

loss %=100/1000*100

loss %=10

loss=10%

hope helped

Answer 2

Answer:

Total c.p. of cycle = 800+200=1000

s.p. of cycle= 900

loss= cp-sp

=1000-900=100

loss%=(loss/cp)×100

(100/1000)×100

=10%, is the answer.