Question

Soham bought an article for ₹ 450, then spent ₹50 on its repairs and sold it for ₹ 550. Find his profit or loss per cent.
(a) Loss = 20 %
(b) Profit = 18 2/11%
(c) Loss = 1 2/10%
(d) Profit = 10%

Answer 1

Answer:

10%

Step-by-step explanation:

cost price= 450+50=500

selling price= 550

Profit= 550-500=50

Profit%= 50*100/500

= 10% Answer