A man bought a cycle for Rs. 2,500 and spent Rs. 500 on... – Arithmetic

Arithmeticmedium · Past Paper

A man bought a cycle for Rs. 2,500 and spent Rs. 500 on its repair. He sold it for Rs. 3,300. Find his profit %.

A10%

B12%

C15%

D8%

✓ Correct Answer: A — 10%

Total CP = 2500 + 500 = 3000. Profit = 3300 - 3000 = 300. % = (300/3000) * 100 = 10%.

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