Question

Sonu bought a bicycle for ₹3750 and spent ₹250 on its repairs. He sold it for ₹4400. Find his loss or profit percentage.​

Answer 1

Answer:

profit per cent is cost prize divide by profit multiply by 100

Answer 2

Answer:

CP of the bicycle=rs.3750

Overhead= rs.250

so total cost price is RS.4000

SP =4400

Now SPis greater than CP

SP - CP

4400-4000

400

now gain Percent = gain/CP*100

400/4000*100

=10 percent

hence answer is 10%