Question

prince bought a secound -hand car for rs 225000 and spend 25000rs for reparing if he sold it for rs 325000 what is his profit persent​

Answer 1

Answer:

Loading on invoice price = 20% on invoice price

This means, Loading on cost price = 25% on cost

So, invoice price of goods = cost + loading on cost = Rs. 1,80,000 + (Rs, 1,80,000 x 25%) = Rs. 1,80,000 + Rs. 45,000 = Rs. 2,25,000.