Question

A shopkeeper bought second hand car for l50000. he spent 10000 on painting and repair and then 200000. Find his profit or loss.​

Answer 1

Answer:

So if he bought it for = ₹150000

Overhead expenses = 10000

And sold for = 200000

Then 150000+10000

=> 160000

C.P > S.P

160000 > 200000

Is A Loss.

His loss amount is

160000- 200000

=> 160000

So, his loss is of ₹ 160000