Question

car dealer bought an old car for rupees 35000 he spent 4125 on its repair and 875 on other expenses at what price he should sell the car to earn profit of 12%

Answer 1

⇒ Given :

• car dealer bought an old car for rupees 35000.

• he spent 4125 on its repair.

• 875 on other expenses.

⇒ To Find :

• what price he should sell the car to earn profit of 12%?

⇒ Solution :

• CP = Rs. 35000

• Total CP = 35000 + 4125 + 875

                       = Rs. 40000

• Profit = 12%

• SP = ${\sf\frac{100 + profit}{100 x CP}$

• ∴ SP = 112 ÷ 100 x 40000

                 = Rs. 44800

Hence Proved :)