Question

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 loss or gain

Answer 1

Purchase or buying price = 1,50,000 rupees.
Paint cost = 10,000 rupees
Total cost = 1,50,000+10,000 =1,60,000 rupees.

Profit = 2,00,000-1,60,000 = 40,000.

Hope it helps.

Answer 2

c.p=1,50,000+10,000=1,60,000
s.p=2,00,000

THEREFORE his profit is.

2,00,000-1,60,000=40,000

HOPE IT HELPS YOU