Question

Rafi bought a car for Rs 6,00,000 and sold
it for Rs 7, 20,000. Find the profit and
profet percentage. ​

Answer 1

Answer:

Step-by-step explanation:4

Answer 2

Step-by-step explanation:

Cost Price (CP) of car = ₹6,00,000

Selling Price (SP) of car = ₹ 7,20,000

$\because$ SP > CP

$\therefore$ Profit =SP - CP

$\therefore$ Profit =₹ 7,20,000 - ₹ 6,00,000

$\therefore$ Profit =₹1,20,000

Now,

$Profit \: percent = \frac{Profit}{CP} \times 100 \\\:\: \:\:\:\:\:\:\:\:\:\:\:\:\:\:\: \:\:\:\:\:\:\:\:\:\:\:\:\:\:</p><p>= \frac{1, 20,000}{6,00,000} \times 100\\ \:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:= \frac{120}{6} \\</p><p>\:\:\:\:\:\:\:\:\:\:\:\:\:\:\: \:\:\:\:\:\:\:\:\:\:\:\:\:\:\:\:=20\%$