Radhika deals with second-hand goods. She bought a second hand refrigerator for $R s . 5000$ . She spends $R s . 100$ on transportation and $R s . 500$ on its repair. She sells the refrigerator for $R s . 7000$ . Find profit or loss percent.

Open in App

Solution

Cost of Refrigerator $= R s . 5000$
Transport Cost $= R s . 100$
Repair Cost $= R s . 500$
Selling Price $= R s . 7000$
Total Cost Price $=$ Sum of all Costs $= 5000 + 100 + 500 = 5600$

Profit or Loss $= S . P - C . P = 7000 - 5600 = + 1400$ (Profit)
Profit percent $= (\frac{P r o f i t}{C . P}) \times 100 = (\frac{1400}{5600}) \times 100 = 25$
$∴$ Profit is $25$ %.

Suggest Corrections

Similar questions

Q. Radhika deals with second-hand goods. She bought a second hand refrigerator for

R s . 5000

. She spends

R s . 100

on transportation and

R s . 500

on its repair. She sells the refrigerator for

R s . 7000

. Find the total cost price of the refrigerator.

Q. Anuja purchased a second hand refrigerator for rs 9800 she spent Rs 600 on its repairs and sold it at a profit of 8%. Find the selling price of the refrigerator and the amount of money she gained

Q. Sohan bought a second-hand refrigerator for Rs.

2, 500

, then spent Rs.

500

on its repair and sold it for Rs.

3, 300

. Find his loss or gain %.

Sohan bought a second-hand refrigerator for $Rs. 2500$ and spent $Rs. 1500$ on its repairing. He then sold it for $Rs. 3300.$ What is the gain or loss $% ?$

Question 100

Achal bought a second-hand car for Rs. 225000 and spend Rs. 25000 for repairing. If she sold it for Rs. 325000, what is his profit per cent?

Join BYJU'S Learning Program

Radhika deals with second-hand goods. She bought a second hand refrigerator for Rs.5000. She spends Rs.100 on transportation and Rs.500 on its repair. She sells the refrigerator for Rs.7000. Find profit or loss percent.

Cost of Refrigerator =Rs.5000 Transport Cost =Rs.100 Repair Cost =Rs.500Selling Price =Rs.7000Total Cost Price = Sum of all Costs =5000+100+500=5600 Profit or Loss =S.P–C.P=7000–5600=+1400 (Profit)Profit percent =(ProfitC.P)×100=(14005600)×100=25∴ Profit is 25%.

Radhika deals with second-hand goods. She bought a second hand refrigerator for $R s . 5000$ . She spends $R s . 100$ on transportation and $R s . 500$ on its repair. She sells the refrigerator for $R s . 7000$ . Find profit or loss percent.