• Math

  Profit and loss

  Posted by Aditi on June 23, 2023 at 12:48 pm

  A company bought a machine for ₹5,000 and spent an additional ₹1,000 on transportation and installation. The company then sold the machine for ₹7,500. Calculate the profit percentage gained by the company on the machine’s sale.

  Akash replied 1 year, 10 months ago 2 Members · 1 Reply

  • profit-and-loss
• 1 Reply

• 

  Akash

  Member

  June 23, 2023 at 1:01 pm

  Total Cost Price of machine = ₹ (5000+1000) = ₹ 6000

  Selling Price of machine = ₹ 7500

  Profit = Selling Price – Cost Price

  = 7500-6000

  = ₹1500

  Profit percentage = (profit / cost price) x 100

  = (1500/6000) x 100%

  =25%

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