Vijay buys a bicycle for Rs 2000. And spendsRs 200 to repair it and later sell it Rs 2550.Find his profit or loss percent
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Given that,
Vijay buys a bicycle for RS= 2000
& spends for repair = 200
totally expenditure to buy a bicycle =2000+200=2200
profit= 2550-2200=350
so, Profit %=350/2200×100=15.90%
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Vijay buys a bicycle for RS= 2000
& spends for repair = 200
totally expenditure to buy a bicycle =2000+200=2200
profit= 2550-2200=350
so, Profit %=350/2200×100=15.90%
it is the right answer
please follow me
Answered by
0
cost price of a bicycle =Rs 2000
amount he spends to repair it =Rs 200
-> the total amount spent by him = 2000 +200 =2200
selling price =Rs 2550
-> profit = selling price -cost price
2550 -2200
= Rs 350
profit % = profit / cost price ×100
= 350 / 2200 ×100
= 15 . 90 %
therefore ., the profit is Rs 350
and
the profit % is 15 . 90 %
amount he spends to repair it =Rs 200
-> the total amount spent by him = 2000 +200 =2200
selling price =Rs 2550
-> profit = selling price -cost price
2550 -2200
= Rs 350
profit % = profit / cost price ×100
= 350 / 2200 ×100
= 15 . 90 %
therefore ., the profit is Rs 350
and
the profit % is 15 . 90 %
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