Arun bought a new bicycle and later sold it to Bina at a loss. Bina fitted new tyres and sold it to Chetan, as shown. What was Bina's profit percentage?
Class 7Profit and LossComparing Quantities
A20%
B8%
C7.4%
D10%
Step-by-Step Solution
Bina's price =5000−10% of 5000=₹4500. With tyres her CP =4500+500=₹5000. Profit =5400−5000=₹400⇒5000400×100=8%.
Answer: B) 8%
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