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

Step-by-step explanation:

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%

hope it helps...