Amount paid to buy piano = ₹60,000
Amount received on selling = ₹72,000
Profit = Amount received - Amount paid
= ₹72,000 - ₹60,000
= ₹12,000
Amir bought a piano for Rs.60,000 and sold it for Rs.72000. Find the amount of profit he got from the deal.
A motorbike was bought for ₹80,000 and then sold for ₹60,000. Find the profit or loss percentage.