Math, asked by rameshwarinegi3, 5 months ago

3. Sandeep imported a car whose cost price was rs 9,75,000. The shipping charges were
rs 80,000 and other charges were rs 3,000.He then sold the car for rs 13,84,750. Find his profit or loss ​

Answers

Answered by BlackWizard
5

Profit = ₹326750

Step-by-step explanation:

GIVEN

Cost Price = ₹975000

Shipping Charges = ₹80000

Other Charges = ₹3000

Selling Price = 1384750

___________________________

TO FIND

Profit or Loss

___________________________

We know that,

Profit = Selling Price - Cost Price

Loss = Cost Price - Loss Price

___________________________

To find the loss of profit

We need to find the total investment first

Total Investment = Cost Price + Shipping Charges + Other Charges

Total Investment = 975000 + 80000 + 3000

Total Investment = 1058000

Total Investment = ₹1058000

He sold the car in more amount than total investment

Therefore,

There is profit

We know that,

Profit = Selling Price - Cost Price

Profit = 1384750 - 1058000

Profit = 326750

Profit = ₹326750

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