Question

appana hire is bike for ₹ 1,75,000 and 12 cars for ₹ 8,89,720 and he sold all the bikes and cars for ₹ 15,75,250 . so what is the profit or loss and is percentage?

Answer 1

He will get profit because Rs. 1,75,000 + Rs. 8,89,720 = Rs. 10,64,720 and the price he sold it for was 15,75,250 if we want to find if it profit or loss we have to minus the price for hiring from the price he sold so 15,75,250 - 10,64,720 = 5,10,530. So he gets a profit of 5,10,530.

Answer 2

Total CP = 175000 + 889720 =1064720
SP = 1575250

SP -CP = Difference = 510530
Difference is positive means she got profit.


Profit % = 510530/1064720 × 100= 47.94 %

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