Question

Haris purchased a car for rs248000 and spent rs12000 on its danting he sold that at a profit of 5% what did the customer pay to haris

Answer 1

Answer:

CP =Rs 150000

Spent = Rs 10000

Total CP = Rs 150000 + Rs 10000

= Rs 160000

SP= Rs 200000

Bcause SP>CP

Therefore Profit = SP-CP

= 200000-160000

=Rs40000

Profit = Rs 40000

$profit\% = \frac{profit}{cp} \times 100$

$profit\% = \frac{40000}{160000} \times 100$

$profit\% = 25\%$

Hence his gain % is 25%