Akash purchased a cycle for Rs. 3250 and sold it for Rs. 2375 after a year. Did he make profit or loss and how much?... | Profit and Loss Q&A

Akash purchased a cycle for Rs. 3250 and sold it for Rs. 2375 after a year. Did he make profit or loss and how much?

Model Answer & Options

Source: Previous Question Papers

Profit of Rs. 775

Profit of Rs. 875

Loss of Rs. 775

Loss of Rs. 875

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