ashok bought a car for rs. 78000 he paid rs.2000 as interest on the loan he got from a bank to purchase a car. he sold this car for rs. 85000.find his profit per cent
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Hey...,!!
C.P = Rs 78000 + Rs 2000
= Rs 80000
S.P = Rs 85,000
Profit = S.P - C.P
= Rs ( 85000 - 80000)
= Rs 5000
Profit % = profit /C.P x 100
= 5000/ 80000 x 100
= 6.25%
Hope it helps...!!!
C.P = Rs 78000 + Rs 2000
= Rs 80000
S.P = Rs 85,000
Profit = S.P - C.P
= Rs ( 85000 - 80000)
= Rs 5000
Profit % = profit /C.P x 100
= 5000/ 80000 x 100
= 6.25%
Hope it helps...!!!
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