Q. 14.4( 40 Votes )

Sonu bought a bic

Answer :

CP of cycle = ₹ 3,750

Overhead expenses = ₹ 250

Effective CP = CP of cycle + Overhead expenses

= Rs. 4,000

SP of cycle = Rs. 4,400

Profit = SP – Effective CP

= 4400-4000

= 400

Profit %

= 10%

So, Profit is Rs.400 & profit % = 10%

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