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Q.8 Sanjit bought a secod-hand car for 2,15,100. He spent 925000 on repairing
and painting it later, he sold the car for $3,00,000. What is his profit or
(2)
loss?
Answers
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1
Answer:
There is profit of Rs 2,06,29,610
Step-by-step explanation:
The cost price of car = Rs 2,15,100
Money spend on repairing and paint = Rs 9,25,000
The total cost price = 2,15,100 + 9,25,000 = Rs 11,40,100
The selling price of car = $ 3,00,000
Covert into rupees = Rs 2,17,69,710
There is profit of = 2,17,69,710- 11,40,100
= Rs 2,06,29,610
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