Question

A man bought a car for 5,60,000 and
spent 15,000 on its accessories. Later,
he sold the car for 7,00,000. Find his
profit %.​​

Answer 1

Answer:

21.7%

Step-by-step explanation:

Cost price of car = Rs.5,60,000

Overhead charges = Rs.15,000

Total CP = Rs.(5,60,000+15,000) = Rs.5,75,000

Selling Price = Rs.7,00,000

Profit = Rs.(7,00,000-5,75,000) = Rs.1,25,000

Profit % = 1,25,000/5,75,000 × 100 = 21.7%

Answer 2

Answer is 21.74

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