Question

jalil purchased 4 old cars for Rs 9000000 he sold these cars for Rs 22500,Rs250000,Rs 30000,Rs 215000 calculate the profit or loss​

Answer 1

Total Loss is Rs. 8482500 /-

Step-by-step explanation:

Total Cost Price of the 4 Cars purchased by Jalil (CP) = Rs. 9000000 /-

Total Selling Price of all the cars (SP) = 22500 + 250000 + 30000 + 215000

Total Selling Price = Rs. 517500 /-

As per the values calculated above for Cost Price and Selling Price,

It can be seen that the Cost Price is more then Selling Price, which means there is Loss.

So Loss = Cost Price - Selling Price

Loss = 9000000 - 517500

Loss = 8482500

Hence, The Loss that happened to Jalil is Rs. 84,82,500 /-