Sonu bought a bicycle for Rs. 3750 and spent Rs. 250 on its repairs. H – InterviewSolution

InterviewSolution

1.

Sonu bought a bicycle for Rs. 3750 and spent Rs. 250 on its repairs. He sold it for Rs. 4400. Find his loss or profit percentage.

Answer»

C.P = 3750 + 250 = Rs. 4000 S P = Rs. 4400

S.P > C.P

∴ S.P – C.P = 4400 – 4000 = Rs. 400

Profit percent = \(\frac{profit}{C.P}\)× 100

= \(\frac{400}{4000}\) × 100 = 10

Profit percent = 10%

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