Question

Parth bought a second hand car for Rs
2,36,000. He spent Rs 5,000 on painting of it and another Rs 5,300 for its repairing. He, then, sold it for Rs 3,20,000. Find his profit percent to nearest whole number

Answer 1

Answer:

30%

Step-by-step explanation:

CP = 2,36,000

SP = 3,20,000

Cost of repairing = 2,36,000 + 5000 + 5300

= 2, 46,300

P = SP ― CP

= 3,20,000 ― 2, 46, 000

= 73,700

P% = 100 × P/CP

= 100 × 73,700÷2,46,300

= 29.9%

Nearest whole number of 29.9% is 30%.