Question

1. A shopkeeper bought a second hand car for 1,50,000. He spent 10,000 on its painting and repair and
2,00,000. Find his profit or loss.​

Answer 1

Correct question :

A shopkeeper bought a second hand car for 1,50,000. He spent 10,000 on its painting and repair and sold it for 2,00,000. Find his profit or loss.

Answer :-

$\large{\underline{\boxed{\sf Profit - Rs.40,000}}}$

Explanation :-

Given :

• Cost Price of a second hand car - Rs. 1,50,000
• Painting and repairing charges - Rs. 10,000
• Selling price of the car - Rs. 2,00,000

To find :

The profit or loss

Solution :

Total C.P of the car :-

= (Cost price + Repairing and painting charges)

= Rs. (1,50,000 + 10,000)

= Rs. 1,60,000

Since, C.P < S.P

$\large{\underline{\boxed{\sf There \: is \: a \: profit}}}$

We know that,

$\sf\boxed{Profit = S.P - C.P}$

$= Rs.(2,00,000 - 1,60,000)$

$= Rs.40000$

Hence, the profit is Rs.40,000 respectively

Answer 2

$\boxed{<u> </u><u>Answer</u><u> </u>}$

$\boxed{40,000}$

Step-by-step explanation:

Cost Price of car = ₹ 1,50,000

He Spent on it = ₹ 10,000

So, total Cost price

= ₹ 1,50000 + ₹ 10,000

= Rs 1,60,000

Now,

Selling Price = ₹ 2,00,000

Here . Selling Price is More than Cost Price

Therefore Profit

= Selling Price – Cost Price

= 2,00,000 –1,60,000

=₹ 40,000

Profit = Rs 40000