Question

rahul bought a car for 3,50,000 and then sold it for 3,95,000. (what will be its profit ruppes and profit percentage. )


(the one who will answer in detail will be marked brainliest. )​

Answer 1

Answer:

loss percentage is 16.67% .

Step-by-step explanation:

Formula

Loss\ percentage = \frac{Loss\times 100}{Cost\ price}Loss percentage=

Cost price

Loss×100

Loss = Cost price - Selling price

As given

Rahul purchased a car for Rs 3,00,000.

He sold the car after one year for Rs 250000 .

Cost price = Rs 300000

Selling price = Rs 250000

Loss = 300000 - 250000

= 50000

Putting all the values in the formula

Loss\ percentage = \frac{50000\times 100}{300000}Loss percentage=

300000

50000×100

Loss\ percentage = \frac{5000000}{300000}Loss percentage=

300000

5000000

= 16.67 % (Approx)

Therefore the loss percentage is 16.67% .

Answer 2

profit= selling price -cost price

= 3,95,000 - 3,50,00

profit = 45,000