Question

a man bought a car for rs 40000 and sold it for rs 60000 what is his profit

Answer 1

is profit will be 20000 rupees

Answer 2

hey friend !!

A/Q :-

cp of car is Rs. 40000
& sp of car is Rs. 60000


now , since , sp is greater than cp...then of course there is a profit.

so, gain = sp - cp
= (60000 - 40000)
= 20,000

now , gain % = gain / cp × 100
=20,000 / 40000 × 100

= 50%.