Question

Mr. Anand bought a car for 195,000 the spent 6,500 on
repairing it. He later sold it for one 1,11,000. Find his gain
or loss.​

Answer 1

Answer:

Step-by-step explanation:

Total CP = 201500

SP = 111000

Loss = CP - SP

= 90500

Answer 2

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Step-by-step explanation:

car bought price + repairing = 195,000+6,500

= 201,500

car sold of =1,11,000

gain or loss = 201500-111000

=90500

gain or profit =90500