Soham bought an article for ₹ 450, then spent ₹50 on its repairs a

1.	Soham bought an article for ₹ 450, then spent ₹50 on its repairs and sold it for ₹ 550. Find his profit or loss per cent.(a) Loss = 20 % (b) Profit = 18 2/11% (c) Loss = 1 2/10%(d) Profit = 10%
Answer» ANSWER: 10% Step-by-step EXPLANATION: cost PRICE= 450+50=500 selling price= 550 Profit= 550-500=50 Profit%= 50*100/500 = 10% Answer

Soham bought an article for ₹ 450, then spent ₹50 on its repairs and sold it for ₹ 550. Find his profit or loss per cent.(a) Loss = 20 % (b) Profit = 18 2/11% (c) Loss = 1 2/10%(d) Profit = 10%

Answer»

10%

Step-by-step EXPLANATION:

cost PRICE= 450+50=500

selling price= 550

Profit= 550-500=50

Profit%= 50*100/500

= 10% Answer