Question

Sonu bought a bicycle for Rs.3,750 and spent Rs.250 on its repairs.He sold it for Rs.4,400. Find his loss or profit percentage.​

Answer 1

Answer:

cp includes the cost of repair ,So

Cp = 3750 +250

    = 4000

Sp = 4400 since

sp > cp ,so it is a case of loss

sp - cp =loss

4400 - 4000 = 400

loss percent = loss / cp * 100

                    400/4000   *100

                                   10% ans

Answer 2

Answer:

cp=RS.3750+250=4000

sp=rs.4400

Sp > Cp

profit=sp-cp=4400-4000=400

profit%=p/cp*100=400/4000*100=10%