Achal bought a second-hand car for Rs 2,25,000 and spend Rs
25,000 for repairing. If he sold it for Rs 3,25,000, what is his profit
per cent?
Answers
Answer:
His profit percent is 30 %.
Step-by-step explanation:
Solution
Original Price of second-hand car = Rs 2,25,000
cost of repairing = Rs 25,000
Final Cost price = Rs 2,25,000 + Rs 25,000
= Rs. 2,50,000
ATQ, Selling Price = Rs 3,25,000
So, Profit = Selling Price - Cost price
= Rs 3,25,000 - Rs. 2,50,000
= Rs. 75,000
Therefore, Profit percentage = ( Profit / Cost Price ) X 100
= (75,000 / 2,50,000) X 100
= 75,00,000/ 2,50,000
= 750/ 25
= 30 %
Step-by-step explanation:
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