Question

Rajveer started a business of selling second hand cars, which he had bought from the first owners of the respective cars. He bought two cars at ₹1,30,000 each. He sold one car at a profit of 10% and another car at a loss of 5%.

Based on the above, information, answer the following questions:
(i) What is the profit in the whole transaction?
(a) ₹4500
(b) ₹6500
(c) ₹7500
(d) ₹9500

(ii) If Rajveer invest the profit made in the whole transaction at 10% compounded yearly, then what will be the total sum after 3 years?
(a) ₹5989.5
(b) ₹8651.5
(c) ₹9982.5
(d) ₹12644.5

Answer 1

Answer:

Answers are (a)4500

(b) 8651.5

Step-by-step explanation:

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