Question

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



answer please

Answer 1

• cost price (c.p) =800+200=1000
• selling price (s.p) =900
• loss =(c.p)-(s.p)=1000-900=100
• loss%=
• 100×100/1000=10%