An old T.V set was bought for Rs 1500. some repairs wee done for Rs 375. Then it was sold for Rs 2500. find the profit or lost percentage.
CP=1500Repair=375TotalCP=1500+375=1875SP=2500
As SP> Total CP
So profit
Profit%=ProfitCP×100=2800−18751875×100=6251575×100=1003=3313%