A car is bought for rs.200000 and spent rs.10000 for repairs. He then sold the car for rs. 300000. Find his profit/loss percentage
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Answer:
Step-by-step explanation:
CP= Rs. 200000 + 10000(repair cost)
CP= Rs. 210000
SP= Rs. 300000
Profit= 300000-210000
= 90000
Profit % = (Profit/CP)*100
= (90000/210000)*100
= (9/21)*100
= 900/21
= 42.85 %
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