5 profit and loss Mr Gupta brought a car for rupees 40000 he spend rupees 8000 for painting it if he should the car for rupees 53000 find the profit or loss
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CP = ₹40000
He spend ₹8000 for painting
so, CP= ₹40000 + ₹8000
CP= ₹48000
SP= ₹53000
He made a profit
because, SP>CP
PROFIT = SP - CP
= ₹53000-₹48000
= ₹5000 ANSWER....
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5
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