Ravi bought an old car for Rs. 120000. He spent Rs. 25000 on its overhauling. After a week he sold it for Rs. 160000. Find his profit or loss percent.
Answers
Answered by
5
The c.p of a car=Rs1,20,000
Expenditure after purchasing=Rs25,000
Hence, the total price=1,20,000+25,000
=Rs1,45,000
S.p of that car=Rs1,60,000
Profit=s.p-c.p
=1,60,000-1,45,000
=Rs15,000
% of profit=profit/s.p×100
=15,000/1,60,000×100
=9.37%
Answered by
0
Answer:
9.37%
Step-by-step explanation:
the C.p of the car=120000
overhauling after purchasing =25000
the total price =120000+25000=145000
s.p of that car =160000
profit=s.p-c.p
=160000-145000
=15000
=profit\C.p×100
=15000\145000×100=300\29
=answer=10.34%
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