Question

Qᴜᴇsᴛɪᴏɴ ❶
A shopkeeper bought a second hand car for ₹1,00,000. He spent ₹25,000 on its painting and repairs and then sold it for ₹2,00,000. Find his profit or loss.
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Answer 1

Answer:

maths exam hai kya aaj

total cost = 100000+25000= 125000

profit percentage = 200000/125000 ×100= 160%

thus net profit percentage = 160-100= 60%

Answer 2

Step-by-step explanation:

Money spent in buying the car =Rs.1,50,000

Money spent on repair=Rs.10,000

Money earned by selling =Rs.2,00,000

∴ Total cost price C.P=Rs.1,60,000

Selling price=Rs.2,00,000

∵SP>CP ∴ Profit

and Profit=Rs.2,00,000−Rs.1,60,000=Rs.40,000