Ahmad purchased an old scooter for ₹30,000 aand spent ₹2,500 on its repair. He sold it for ₹40,000. What is his profit?

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Solution

Money spent to buy old scooter = ₹30,000
Money spent to repair that scooter = ₹2,500
Total money spent = ₹30,000 + ₹2,500 = ₹32,500
He sold that scooter for ₹40,000
Profit earned by him = ₹40,000 - ₹32,500 = ₹7,500

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Ahmad purchased an old scooter for ₹30,000 aand spent ₹2,500 on its repair. He sold it for ₹40,000. What is his profit?

Money spent to buy old scooter = ₹30,000 Money spent to repair that scooter = ₹2,500 Total money spent = ₹30,000 + ₹2,500 = ₹32,500 He sold that scooter for ₹40,000 Profit earned by him = ₹40,000 - ₹32,500 = ₹7,500

Money spent to buy old scooter = ₹30,000
Money spent to repair that scooter = ₹2,500
Total money spent = ₹30,000 + ₹2,500 = ₹32,500
He sold that scooter for ₹40,000
Profit earned by him = ₹40,000 - ₹32,500 = ₹7,500