Ramesh purchased a bicycle for $Rs.\,5200$ and spent $Rs.\,800$ on its repairs. He had to sell it for $Rs.\,5500.$ Find out his profit or loss percent.

  • A

    $8 \frac{1}{3} \%$ loss

  • B

    $7 \frac{1}{2} \%$ gain

  • C

    9

  • D

    None of these

Similar Questions

A shopkeeper allows a discount of $12.5 \%$ on the marked price of a certain article and makes a profit of $20 \% .$ If the article costs the shopkeeper $Rs. 210$, then the marked price of the article will be (in $Rs.$)

$P$ invests $Rs.\, 9100$ for $3\, months.$ $Q$ invests $Rs.\, 6825$ for $2\, months$ and $R$ $Rs.\, 8190$ for $5\, months$ in a business. If the total profit amounts to $Rs.$ $4158,$ how much profit should $Q$ get? (in $Rs.$)

Sarita sells a Phone at a profit of $20 \% .$ If she had bought it at $20 \%$ less and sold it for $Rs.\, 180$ less, she would have gained $25 \%$. Find thé gost price of the Phone in $Rs.$

A dealer buys a table listed at $Rs.\, 600$ and gets successive discount of $10 \%$ and $20 \% .$ What is his profit or loss percent if he sells at $Rs.$ $540 ?$

The cost price of $12$ tables is equal to the selling price of $16$ tables. The loss percent is