Rahul purchase an old water tank Rs. $7620$ and spent Rs. $320$ preparing its lid. After some time she sold it at Rs. $9600$ . Find her profit or loss in percentage?

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Solution

Total cost price $= R s . 7620 + R s . 320 = R s . 7940$
Selling price $= R s . 9600$
$∵ S P > C P \Rightarrow∴$ Profit is incurred.
Profit $= R s . (9600 - 7940) = R s .1660$
% of profit $= \frac{1660}{7940} \times 100 = 20.90$ %

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Rahul purchase an old water tank Rs. 7620 and spent Rs. 320 preparing its lid. After some time she sold it at Rs. 9600 . Find her profit or loss in percentage?

Total cost price=Rs.7620+Rs.320=Rs.7940Selling price=Rs.9600∵SP>CP⇒∴Profit is incurred.Profit =Rs.(9600−7940)=Rs.1660% of profit=16607940×100=20.90 %

Rahul purchase an old water tank Rs. $7620$ and spent Rs. $320$ preparing its lid. After some time she sold it at Rs. $9600$ . Find her profit or loss in percentage?

Total cost price $= R s . 7620 + R s . 320 = R s . 7940$
Selling price $= R s . 9600$
$∵ S P > C P \Rightarrow∴$ Profit is incurred.
Profit $= R s . (9600 - 7940) = R s .1660$
% of profit $= \frac{1660}{7940} \times 100 = 20.90$ %