Question

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Rajveer started a business of selling second hand cars, which he had bought from the first owners of the respective cars. He bought two cars at ₹1,30,000 each. He sold one car at a profit of 10% and another car at a loss of 5%.

Based on the above, information, answer the following questions:

What was the selling price of the car Rajveer sold at a profit?

(a) ₹1,33,000 (b) ₹1,37,000

(c) ₹1,43,000 (d) ₹1,47,000

What was the selling price of the car Rajveer sold at a loss?

(a) ₹1,23,500 (b) ₹1,18,500

(c) ₹1,13,500 (d) ₹1,11,500

(iii) What is the profit in the whole transaction?

(a) ₹4500 (b) ₹6500

(c) ₹7500 (d) ₹9500

(iv) If Rajveer invest the profit made in the whole transaction at 10% compounded yearly,

then what will be the total sum after 3 years?

(a) ₹5989.5 (b) ₹8651.5


(c) ₹9982.5 (d) ₹12644.5​​

Answer 1

Answer:

1. b

2. a

3. b

4. c

Step-by-step explanation:

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