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4. A man bought a secondhand cycle for 450. He spent * 50 on repairs. If he
sold it for 600, what was his profit per cent?
By Charlotte

4. A man bought a secondhand cycle for 450. He spent * 50 on repairs. If he
sold it for 600, what was his profit per cent?
(2010)
LA 15%
(B) 20% (C) 18%
(D) 25%​

About the author
Charlotte

prove that angles opposite to two equal sides of a triangle are equal
​

Find which of the following are in proportion:
150, 250, 200, 300

2 thoughts on “4. A man bought a secondhand cycle for 450. He spent * 50 on repairs. If he<br />sold it for 600, what was his profit per cent?<br”

  2. Answer :

    (B) 20%

    Explanation :

    C. P. (Cost price) of the secondhand cycle ₹450.

    Overheads = ₹50

    ∴ Total C. P. = 450 + 50 = ₹500

    It’s sold for ₹600

    So, the S. P.(selling price) is ₹600

    Since,

    S. P. > C. P.

    Therefore,

    It’s a profit

    ∴ Profit = S. P. – C. P.

    = 600 – 500

    = ₹100

    ∴ Profit % = profit × 100/C. P.

    = 100 × 100/500

    = 20%

    Required answer : 20%

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