Question

plzz tell me the solution

Answer 1

Hope it will help u.....

Answer 2

Cost Price of car = 3,45,000
Maintenance cost = 25000

Therefore, Total C.P. = 345000 + 25000
= 3,70,000

Selling Price of car = 2,96,000

Since, C.P. > S.P.,
hence, John suffers a loss

Loss
= S.P. - C.P
= 3,70,000 - 2,96,000
= 74000

Loss %
= loss/C.P. × 100
= 74,000/3,70,000 × 100
= 0.2 × 100
= 20%

Hence, he suffers a loss of 20 %.