Question

Nitin buy an old car at ts 55000.he soent rs 9000 on its repair and sold it for rs 72000.find his profit or loss percent.soveld

Answer 1

CP of car is 55000 and on repair is 9000.

so total CP is 55000+9000=64000

SP is 72000.

Profit= SP - CP

=72000-64000=8000

P%=P×100÷CP

8000×100÷64000

800000÷64000

800÷64

=12.5%