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Mangai bought a cell phone for ₹ 12,585. It fell down. She spent ₹ 500 on it repair. She sold it for ₹ 7,500. Find her profit or loss. |
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Answer» Cost of the cell phone = ₹ 12,585 Spent on repairs = ₹ 500 Cost price = Cost of cell phone + repair charge = 12,585 + 500 = ₹ 13,085 S.P. = 7,500 Here C.P > S.P ∴ It is loss Loss = C.P – S.P = 13,085 – 7500 = ₹ 5,585 Loss = ₹ 5,585 |
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