Daniel purchased a second hand car for rs89000. he spent rs21000 on its repair and sold it to darain for rs 1,10,000. find his profit or loss in the transaction
Answers
Answered by
0
Answer:
profit
Step-by-step explanation:
please mark has a brainliest
Answered by
0
Given:- Daniel purchased a second hand car for rs89000. he spent rs21000 on its repair and sold it to darain for rs 1,10,000.
To Find:- his profit or loss in the transaction.
Answer:- There is a loss if the CP is more than SP and there is a Profit if CP is less than SP .
Here,
Money spent on car = Rs 89,000
Money spent on repairs = Rs 21,000
Total money spent = Rs ( 89,000+21,000) = Rs 1,10,000 .
Selling price of the car = Rs 1,10,000 .
Now , here CP is equal to SP , So there is no gain and no loss .
★Hence there is no gain or loss.
Similar questions
History,
3 months ago
Biology,
7 months ago
Computer Science,
7 months ago
English,
1 year ago
Math,
1 year ago