Apre-owmed car show-room owner bought a second hand car for 1,50,000. He spent
20,000 on repairs and painting, then sold it for 2,00,000. Find whether he gets profit
or loss. If so, what percent?
Answers
Answered by
16
- Price on which the car is bought is Rs.1,50,000.
- Money spent on repairs and painting is Rs. 20,000
- The price at which he sold the car is Rs.2,00,000
Answered by
7
- Apre-owmed car show-room owner bought a second hand car for 1,50,000. He spent
- 20,000 on repairs and painting, then sold it for 2,00,000. Find whether he gets profit
- or loss. If so, what percent?
cost of car = Rs. 1,50,000
money spend in repairing = Rs. 20,000
Total cost price = Rs.1,50,000 + Rs.20,000
Total cost price = Rs. 1,70,000
Total selling price = 2,00,000
As ;
selling price > cost price
therefore
Profit
profit = 2,00,000 - 1,70,000
profit = Rs.30,000
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