Question

Asif, a car dealer, bought a second-hand car for ₹2,20,000 and spent ₹15,000 for repairing and painting the car. He sold the car for ₹2,49,100. Find the profit percentage.​

Answer 1

Answer:

60%

Explanation:

total cost price=2,20,200+15,000

therefore total cost price= 235000

profit percentage= profit x 100 divided by cost price

=249000-235000 x 100 divided by 235000

=1400000 divided by 235000

=60%