A pre-owned car show-room owner bought a second hand car for 1,50,000. He spent
*20.000 on repairs and painting, then sold it for 2,00,000. Find whether he gets profit
or loss. If so, what percent?
Answers
Answered by
4
Step-by-step explanation:
Cost price =Rs 1,50,000
Cost spent on repair and painting =Rs 20,000
Total money invested =1,70,000
Selling price =Rs 2,00,000
S.P-cost price =2,00,000−1,70,000=30,000
He got profit
2,00,000
30,000
×100=15% Profit
Answered by
1
Answer:
He bought a second hand car =1,50,000
He spent on repair=20,000
His total money spent on car=1,50,000+20,000
=1,70,000
He sold car=2,00,000
Profit on car =2,00,000-1,70,000=30,000 rupees
Profit %=1,70,000 * 100
2,00,000
=15%l Answer
Similar questions