Rakesh bought an old car rs 150000 and spent rs 25000 on its repairs .he sold the car for rs 200000. Find his gain or loss per cent.
Answers
Given,
- CP of computer = 150000 rupees
- Amount spent = 25000
- Selling price = 200000
- Gain = ?
∵ total cost price = 175000
Therefore,
Gain = SP - CP
=> 200000 - 175000
=> 25000
Now gain percentage :
Gain% =
=>
=> percentage
Answer => %
important points :
1] Cost price => The price at which an item is purchased by a seller called cost price
2] Selling price => The price of an item is sold by a seller is called selling price
Step-by-step explanation:
Cost price of Car = 150000
He spent Rs 25000 after buying car so, the New cost price will be ( 150000+25000) = Rs175,000
Selling price of Car = 200000
We know that Profit = S.P.- C.P
- (200000-175000)= Rs 25,000
Profit%= x 100
x 100
%