Question

sukhindar bought a chair for Rs 2250.00 and spend Rs 75.00 on is transporation he sold it for Rs 2250.00 find his profit or loss per
cent?
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Answer 1

Answer:

cost at which he bought the chair=2250

cost of transportation=75

cost price(cp) of chair= cost at which he bought+cost of transportation

=2250+75=2325

selling price (sp)=2250

loss=cp-sp=2325-2250=75

cp is greater than sp therefore he sells the chair at loss percent

loss percent=100*loss/cp

=100*75/2325

=7500/2325

=3.22 percent

Answer 2

Step-by-step explanation:

cp of chair = 2250

on transportation spend = 75

therefore the revised cp = 2250+ 75 = 2325

sp of the chair = 2325 - 2250 = 75 = loss = 3.19%