Question on Profit and Loss

Topic : Profit and Loss

Question : Vimmi buys a sewing machine for Rs 3725 and spends Rs 275 on repairs. She then sells it for Rs 5000. Find her profit percent or loss percent.

Solution :
C.P = Rs 3725
Expenses = Rs 275
So C.P = Rs 3725 + Rs 275 = Rs 4000
S.P = Rs 5000
Profit = S.P – C.P
Profit = Rs 5000 – Rs 4000
Profit = Rs 1000
Profit Percent = (Profit Amt x 100 ) / C.P
Profit Percent = (1000 x 100) / 4000
Profit Percent = 100 / 4
Profit Percent = 25 %