Question

ramesh purchased a second hand car for rupees 95650.he spent rupees12000on its minor repairs and accessories.he also paid an insurance of rupees2350.he then sold it to his friend for rupees 121000.find his profit or loss percent​

Answer 1

Answer:

Cost price=95650

cost before selling= 95650+12000+2350

                              =Rs 110000

Selling price= 120000

Profit= 10000

Profit%= 10000/120000*100

           =8.33%

Answer 2

Step-by-step explanation:

• CP = 95650
• he spent 12000 for on its minor repairs and accessories.
• he paid an insurance of. = 2350
• total cp. = 110000

sp. = 121000

profit. = 121000. - 110000

11000

profit %. = 11000*100/110000

10%