Ravi goes from Bangalore to Chennai to buy a bicycle which costs ₹ 4000 in Chennai. He sells this cycle in Bangalore for ₹ 6400. He spends ₹ 800 on food,travel, etc.

Find his Overall Profit or Loss %.

35% Profit

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39% Profit

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33.33% Profit

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35% Loss

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Solution

CP of bicycle = ₹ 4000

Added expenditure = ₹ 800

Total cost incurred = ₹ 4800

SP = ₹ 6400

Since SP > CP

Profit = SP - CP = ₹ 6400 - ₹ 4800 = ₹ 1600

Profit % = $\frac{1600}{4800} \times$ 100 = ₹ 33.33%

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Ravi goes from Bangalore to Chennai to buy a bicycle which costs ₹ 4000 in Chennai. He sells this cycle in Bangalore for ₹ 6400. He spends ₹ 800 on food,travel, etc. Find his Overall Profit or Loss %.

CP of bicycle = ₹ 4000 Added expenditure = ₹ 800 Total cost incurred = ₹ 4800 SP = ₹ 6400 Since SP > CP Profit = SP - CP = ₹ 6400 - ₹ 4800 = ₹ 1600 Profit % = 16004800× 100 = ₹ 33.33%

Ravi goes from Bangalore to Chennai to buy a bicycle which costs ₹ 4000 in Chennai. He sells this cycle in Bangalore for ₹ 6400. He spends ₹ 800 on food,travel, etc.

Find his Overall Profit or Loss %.

CP of bicycle = ₹ 4000

Added expenditure = ₹ 800

Total cost incurred = ₹ 4800

SP = ₹ 6400

Since SP > CP

Profit = SP - CP = ₹ 6400 - ₹ 4800 = ₹ 1600

Profit % = $\frac{1600}{4800} \times$ 100 = ₹ 33.33%