1. A dealer bought an old refrigerator for 9700. He spent 100 on trans

1.	1. A dealer bought an old refrigerator for 9700. He spent 100 on transportation and 1200 on repairs. He then sold the refrigerator for 13200. Find his profit or loss percent.
Answer» ANSWER: CP of *the* *old* *refrigerator=₹9700 Extra* *AMOUNT he* *kept* on *old* *refrigerator=₹1200+100 =₹1300 Total* *amount* he *kept* on *the* *refrigerator= =₹9700+₹1300 =₹11000 SP of the* *refrigerator=₹13200 He got* *profit* *because* SP is *more* *than* CP *Profit* %=*SP-CP*/CP×100 =₹13200-₹10000/₹10000×100 =3200/10000×100 =32%

1. A dealer bought an old refrigerator for 9700. He spent 100 on transportation and 1200 on repairs. He then sold the refrigerator for 13200. Find his profit or loss percent.

Answer»

CP of the old refrigerator=₹9700

Extra AMOUNT he kept on old refrigerator=₹1200+100

=₹1300

Total amount he kept on the refrigerator= =₹9700+₹1300

=₹11000

SP of the refrigerator=₹13200

He got profit because SP is more than CP

Profit %=SP-CP/CP×100

=₹13200-₹10000/₹10000×100

=3200/10000×100

=32%