Question

Air bought a second hand car for ₹80,000 and spent 12.5% of the cost of the car on its repairs. At what price should he sell the car to make a profit of 15%

Answer 1

$\large{\underline{\red{\rm{AnswEr:Rs.103500}}}}$

$\bold\red{Given:}$

The cost price of car=Rs.80000

Total spent on car=12.5%

$\bold\orange{Find: Selling\:price}$

•°•Total cost price of car=80000×112.5/100

Total cost price of car=80×1125

Total cost price of car=90000

Given,in the question.At what price should he sell the car to make profit of 15%

$\bold\purple{According\:to\:above\: information}$

• Formula used here

$\bold\purple{\boxed{SP=(\frac{100+G\%}{100})*CP}}$

Selling price=115/100×90000

Selling price=115×900

Selling price=103500

Hence,

The car should be sold for Rs.103500 to make frofit of 15%

Answer 2

Step-by-step explanation:

cost price of second hand car=₹80000

repairing charge=12.5%of ₹80000

=12.5/100×80000

=12.5×800

=10000

total cp=price of the second hand car+overhead charges (repairing charge)

selling price=100+gain%/100×cp

=100+15/100×90000

=115×900

=103500

hence he should sell the car at 103500...