Solve this:


Q .   13   A   man   purchased   a   machine   for   Rs   1250   and   spent   Rs   250   on   its   transportation .   He   sold   it   for   Rs   1600 .   Find   profit / loss   percent   ?  

Dear student,

CP of machine=Rs 1250Money spent on transportation=Rs 250 Total CP of machine =Rs 1250+Rs 250=Rs 1500SP of machine = Rs 1600Profit=SP-CP=Rs 1600-Rs 1500=Rs 100P%=PCP×100=1001500×100=10015=6.67%Thus the P% is 6.67%
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