Practice30Create account

Ravi buys an old scooter for ₹12000 and spends ₹1500 on repairs. He sells it for ₹14850. What is his profit per cent?

Class 8Profit and LossComparing Quantities
  • A10%
  • B23.75%
  • C9%
  • D11%

Step-by-Step Solution

Overhead expenses (repairs) are part of the cost: CP = 12000 + 1500 = ₹13500. Profit = 14850 − 13500 = ₹1350. Profit % %. Ignoring repairs gives 23.75%.
Answer: A) 10%

Master this chapter in 30 minutes a day.

Don't just memorise the answer — build a daily practice habit.

Practice 5 Similar Questions Free →

All Profit and Loss practice questions

More Class 8 Profit and Loss practice

By selling a ceiling fan for ₹1380, Mohan gains ₹180. What is his gain per cent?The bars compare the cost price and selling price of a pressure cooker. All the small…A stall owner buys a coat for ₹2450 and wants a profit of 8%. What should be the selling…During Raksha Bandhan, Pooja buys rakhis at ₹15 each and sells them at ₹21 each. Find…A dining chair costs a dealer ₹840 and he sells it for ₹798. What is his loss per cent?