Question

4. The cost price of a car is 5,00,000. A
salesman marks it at 10% above the cost
price. The car is sold at a discount of 5%.
Find the profit and profit percentage.​

Answer 1

Answer:

C.P=Rs 5,00,000

Market price =CP+CP×

100

10

=500000+500000×

100

10

=Rs 550000

Discount =5%

∴Discount=5% of C.P

=

100

5

×5,50,000

=Rs 27,500

Discounted Price =Rs 550000−Rs 27500

=Rs 522500

Profit =Rs 522500−500000

=Rs 22,500

Profit%=

5000000

22500

×100

=4.5%

Answer 2

Step-by-step explanation:

C.P. of car = 5,00,000

10% of C.P. = 50,000

Total C.P. = 5,50,000

Discount = 5% of C.P.

                = $\frac{5}{100}$ x 5,50,000

               =  27500

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