Question

rajat bought a car for 2,20,000 he spent 6000 on repairs and 5000 on the air conditioning if he sells the car for 2,65,650,find the percentage of loss or profit in the transaction

Answer 1

First c. P =220000
He spent on its repair=6000
He spent on air conditioning =5000
He sells the car for =265650
He has a profit of =265650-220000=
Profit
So profit %=profit /cp*100

Answer 2

Answer:  Profit percentage = 15%

Step-by-step explanation:

The price at which Rajat bought the car =2,20,000

Total price of the car after adding the overhead charges= 2,31,000

The price at which Rajat sold the car = 2,65,650

Profit = The price at which Rajat sold the car - Total price of the car after adding the overhead charges

Profit = 2,65,650 - 2,31,000

Profit = 34,650

Profit percentage = profit/cp*100

Profit percentage = 34650/231000*100

Profit percentage = 15%