Question

C C A second-handcar dealer bought for 185,000. The cost related to transaction amount to R 250. He sells the car for R93 ,000.Calculate the profit he made on the deal​

Answer 1

Answer:

49.86 % Loss

Step-by-step explanation:

as he bought a car at 185000

and transition cost of 250

he invest a 185250 Rs

profit=(selling price - investment)×100/selling price

=-92250×100/93000

=-49.86%

loss 49.86 %