Accountancy, asked by lamchaokip7332, 1 year ago

Ranga buys a car for rs. 1,00,000 and spends another rs. 20,000 for repairs. he rents it and earns rs. 4000 per month.after 8months, he sells it again for rs.1,00,000. his percentage earning for annum is :

Answers

Answered by Bangtan

Total money spent by him= 1,00,000+20,000+(4,000×8) = 1,52,000
Selling price= 1,00,000
total money he gained =1,52,000-1,00,000= 52,000.
Now you can find the percentage.

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