Question
Amit purchased a bike for Rs. 18,000. He spent 20% of the cost he paid for the bike on repairs. Afterward, he sold the bike to Chaman and made a profit of 25%. Calculate the amount that Chaman paid to Amit.
More Profit and loss Questions
- A shopkeeper bought 30 articles at Rs. 12 each. He sold 10 at 40% profit, 15 at 10% loss, and the rest at 5% loss. Determine the overall profit or loss.
- Cost price of an article is 25% less than its marked price of article. The item is then sold for Rs. 5,950, achieving a profit margin of (40/3)%. Calculate...
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- The sale price of an item is set at 30% above the cost price. After giving a 10% discount on the marked price, what is the merchant’s profit percentage?
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