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Sonu bought an old bicycle for 575 and sold itto his friend Rohit at 655. Find that Sonu getshow much profit. |
Answer» <p>Cycle is bought for Rs.575</p><p>That is Cost Price (CP) = Rs.575</p><p>Then, it is sold for Rs.655</p><p>That is Selling Price (SP) = Rs.655</p><p>Profit % = ((SP-CP)/CP)*100</p><p>Profit % = ((655–575)/575)*100</p><p>Profit % = 13.9%</p><p>Like my answer if you find it useful!</p> | |