A trader buys tyre for ₹ 500 he spends₹40 on transportation and se – InterviewSolution

1.

A trader buys tyre for ₹ 500 he spends₹40 on transportation and sell it for ₹560Find out his profit or loss percent

Answer»

Answer:

3.6%

Step-by-step EXPLANATION:

$he \: spends = 500 + 40$

$= 540rs$

$he \: sells \: for \: = 560rs$

$profit = 560 - 540$

$= 20rs$

$profit \: percentage = \frac{20}{560} \times 100$

$= \frac{100}{28}$

$= 3.6$

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