Question

A car dealer bought a car for ₹ 5,60,000 and spent ₹65000 on its painting and then sold it for ₹ 7,50,000.Find his profit or loss

help me​

Answer 1

Answer:

Correct option is

D

40%

Total C.P. of a car = Rs. 75000 + Rs. 9000 + Rs. 1500 = Rs.85500

Given, S.P. = Rs. 120000; [which is less than total cost price]

Therefore, gain = Rs. 120000 - Rs. 85500 = Rs. 34500

Also, gain% =

total C.P.

gain

×100%

=

85500

34500

×100=40%

from this formula you can find

Answer 2

40%

Step-by-step explanation:

Total C.P. of a car = Rs. 75000 + Rs. 9000 + Rs. 1500 = Rs.85500

Given, S.P. = Rs. 120000; [which is less than total cost price]

Therefore, gain = Rs. 120000 - Rs. 85500 = Rs. 34500

Also, gain% =

total C.P.

gain

×100%

=

85500

34500

×100=40%