Question

a man bought a car for Rs 78000. he spent Rs 2000 on reparing the car. he sold the car for Rs 85000. find his profit percentage.

Answer 1

SOLUTION :

The Cost Price (C.P) of the car = Rs 78000    (given)

Rs 2000 was added for its repairing

So,

Total Cost Price (C.P) of the car = Rs 78000 + Rs 2000

Total Cost Price (C.P) of the car = Rs 80000

Now,

Selling Price (S.P) of the car = Rs 85000     (given)

To be found :-

The profit percent

Here

Cost Price (C.P) of the car < Selling Price (S.P) of the car

so its a profit

and

Profit = Selling Price - Cost Price

Profit = Rs 85000 - Rs 80000

Profit = Rs 5000

Now

$Profit \% = \frac{Profit}{C.P} \times 100$

$Profit \% = \frac{5000}{80000} \times 100$

$Profit \% = 6.25 \%$

Hence

Profit% = 6.25%

Answer 2

H$<b>$ere is the answer to your question!!

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The Cost Price of the car = Rs 78000    (Given)

Rs.2000 was added for its repairing.

So,

Total Cost Price of the car = Rs 78000 + Rs.2000

Total Cost Price of the car = Rs. 80000

Now,

Selling Price of the car = Rs.85000     (Given)

To be found;

(The profit percent)

Here,

Cost Price of the car < Selling Price of the car.

So its a profit.

And,

Profit = Selling Price - Cost Price.

Profit = Rs 85000 - Rs 80000.

Profit = Rs 5000.

Now,

$\: Profit \: \: \% \: = \: \: \frac{ \: Profit }{cost \: price} \times 100 \\ \\ \: Profit \: \: \% \: = \: \frac{5000}{80000} \: \times 100 \\ \\ \: Profit \: \: \% \: = \: 6.25\%$

Hence,

Profit = 6.25 %

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Hope it helped!!