Question

2. Binny bought a vintage car for 4,50,000. Further, he spent 80,000 for its repair. For how Much money should he sell it to earn a profit of 55,000?​

Answer 1

Answer:

5,85,000 Rs.

Step-by-step explanation:

Total purchase= 4,50,000+80,000

= 5,30,000rs

profit= 55,000 rs

selling price= Total purchase+ profit

= 5,30,000 + 55,000

= Rs. 5,85,000

Answer 2

Answer:

The selling price of the car = 4,50,000 + 55,000 = 5,05,000 rupees

Step-by-step explanation:

Cost price of the car = 4,50,000 rupees

Money spent for its repair = 80,000 rupees

Given that, profit = 55,000 rupees

Therefore, the selling price of the car = cost price of the car + profit

By substituting the values we will get,

          The selling price of the car = 4,50,000 + 55,000 = 5,05,000 rupees