Question

I bought an old motorcycle for INR $12500$ and spend INR $3000$ on its repairs. then, I sold it for INR $18000.$ How much profit did I make?

Answer 1

Buying Cost of motorcycle $=INR12500$

Repairing Cost of motorcycle $=INR3000$

sell price of motorcycle $=INR18000$

So, Profit $=$ Selling Price $-$ Cost price

$=18000-3000-12500$

$=2500$

So, Profit is 2500 INR.