Question

Vinit brought a second handle bike for 23560 he sold it for rupees 25890 find the profit or loss in this translation​

Answer 1

Answer:

Vinit gets a profit of 2330 rupees.

Step-by-step explanation:

The cost price of the second handle bike is 23560 rupees.

The selling price of the bike is 25890 rupees.

If the selling price is more than the cost, then the person will get a profit. Otherwise, it will be a loss.

Here Vinit gets a profit as the selling price is more than the cost of the bike.

The formula to find the profit  is given by,

$Profit = selling\ price- cost\ price$

Using the values above, we get

$Profit = 25890-23560 =2330$

The profit Vinit gets in this transaction is 2330 rupees.