Question

Rajat bought a machine for rs2,57,89,500and sold it for rs 2,75,20,000 did he gain or lose money? find his profit or loss.

Answer 1

Hey frnd
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selling price= 27,520,000
cost price= 25,789,500
gain= sp-cp
2752000-25789500
=1730500
Hence, he has profit of Rs. 1,730,500
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hope this helps u :-)

Answer 2

Heya,


⇒Rajat bought a machine for Rs. 2,57,89,500.

⇒He sold it for 2,75,20,000.

⇒Here we can see that the selling price of the machine is more than the cost price of the machine. So, a profit is made.

⇒So we will find the profit by using the formula SP- CP.

⇒2,75,20,000-2,57,89,500 = 17,30,500

⇒So the profit made is 17,30,500.
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Hope this helps you... : )