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Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage?
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Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,d...
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Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,d...
Profit and Loss Percentage Calculation
To calculate the profit and loss percentage, we need to determine the cost price and selling price of the bicycle.
Given:
Cost price = Rs. 3800
Selling price = Rs. 4400
We can calculate the profit or loss using the formula:
Profit or Loss = Selling Price - Cost Price
Calculating Profit or Loss
Using the given values:
Profit or Loss = 4400 - 3800
= 600
Calculating Profit or Loss Percentage
To calculate the profit or loss percentage, we use the formula:
Profit or Loss Percentage = (Profit or Loss / Cost Price) * 100
Using the calculated profit or loss value and the cost price:
Profit or Loss Percentage = (600 / 3800) * 100
≈ 15.79%
Interpretation of the Result
A positive value indicates a profit, while a negative value indicates a loss. In this case, the profit percentage is approximately 15.79%.
Conclusion
Aman made a profit of Rs. 600 by selling the old bicycle for Rs. 4400. The profit percentage is approximately 15.79%.
To calculate the profit and loss percentage, we need to determine the cost price and selling price of the bicycle.
Given:
Cost price = Rs. 3800
Selling price = Rs. 4400
We can calculate the profit or loss using the formula:
Profit or Loss = Selling Price - Cost Price
Calculating Profit or Loss
Using the given values:
Profit or Loss = 4400 - 3800
= 600
Calculating Profit or Loss Percentage
To calculate the profit or loss percentage, we use the formula:
Profit or Loss Percentage = (Profit or Loss / Cost Price) * 100
Using the calculated profit or loss value and the cost price:
Profit or Loss Percentage = (600 / 3800) * 100
≈ 15.79%
Interpretation of the Result
A positive value indicates a profit, while a negative value indicates a loss. In this case, the profit percentage is approximately 15.79%.
Conclusion
Aman made a profit of Rs. 600 by selling the old bicycle for Rs. 4400. The profit percentage is approximately 15.79%.
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Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage?
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Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage? for Class 6 2025 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage? covers all topics & solutions for Class 6 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage?.
Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage? for Class 6 2025 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage? covers all topics & solutions for Class 6 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aman buy an old bicycle for rupees 3800 if he sells for rupees 4400 ,determine the profit and loss percentage?.
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