Rakesh bought a second hand car for ₹50000 and spent ₹2000 on its transportation ,and ₹8000 on servicing . He sold it for ₹72000. Find his profit or loss.
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profit of 72000- 60000= 12000
selling price minus net price
mark it as brainleast answer
selling price minus net price
mark it as brainleast answer
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sp of the car while selling = cost of purchase +cost of transportation+cost of servicing =>50000+2000+8000=>60000rs
sold the car for 72000rs
profit =72000-60000/720000*100
16.66% profit
sold the car for 72000rs
profit =72000-60000/720000*100
16.66% profit
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