Question

a dealer of second hand cars buys two cars as per the following.

a buyer offers him Rs. 1,40,000 for the two cars. what will be the dealer's profit or loss?


A. Rs. 7,500 profit
B. Rs. 7,500 loss
C. Rs. 2,500 profit
D. Rs. 2,500 loss

Answer 1

here the total cost price of two cars is 1,37,500
and his offer is of 1,40,000 mean selling price here SP greater than CP so there is a profit of 2,500

Answer 2

ANSWER:

The dealer's profit will be Rs.$2500$ which is the third option.

Step-by-step explanation:

Given: Two cars are being sold and the buyer offers the seller Rs$1,40,000$.

To find The profit of the dealer.

Solution:

• The cost price of both cars are $75500 + 62000 = 137500$
• The selling price of both cars is $1,40,000$.
• Profit on both the cars is $SP - CP$

                                           $= 1,40,000 - 1,37,500$

                                           $= 2,500$.

• Profit is Rs $2,500$.
• Therefore, the profit of the dealer is Rs.$2500$ which is option C.

PROJECT CODE:#SPJ3