A man buys a car for ₹2,25,000 and sells it for ₹2,50,000. Find his loss
or gain percentage.
step by step please
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2
Answer:
Total C.P. of a car = Rs. 75000 + Rs. 9000 + Rs. 1500 = Rs.85500
Given, S.P. = Rs. 120000; [which is less than total cost price]
Therefore, gain = Rs. 120000 - Rs. 85500 = Rs. 34500
Also, gain% =
total C.P.
gain
×100%
=
85500
34500
×100=40%
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