A shopkeeper bought a second hand car for $1,50,000.He spent $10,000 on its painting and repair and then sold it for $ 2,00,000. Find his profit or loss
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Answered by
3
Answer
He got a profit of $40,000
Step-by-step explanation:
A shopkeeper buy = 1,50,000
Amount for painting =10,000
Sold it = 2,00,000
profit or loss = -1,50,000 -10,000 + 2,00,000
= -1,60,000 + 2,00,000
= 40,000
Hope I help you
Answered by
43
MONEY SPENT IN BUYING THE CAR = RS . 1 , 50 , 000
MONEY SPENT ON REPAIR = RS . 10 , 000
MONEY EARNED BY SELLING = RS 2 , 00 , 000
TOTAL COST PRICE CP = RS 1 , 60 , 000
SELLING PRICE = RS 2 , 00 , 000
SP > CP ( profit )
AND PROFIT = RS 2 , 00 , 000
RS 1 , 60 , 000 = RS 40 , 000
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