Question

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.​

Answer 1

Step-by-step explanation:

cp=Rs120000

overhauling charge= Rs25000

total cp = 120000+25000=Rs145000

sp=Rs160000

profit= sp-cp

160000-145000

Rs15000

profit%= p/cp×100

15000/145000×100

15/145×100

3/29×100=300/29%

is your answer hope it helps

Answer 2

Answer:

cost price of car= 120000

amount spent on car= 25000

so total cost price = total amount spent on car for buying and reparing

cp= 145000

sp=160000

gain=sp-cp

      =160000-145000

        =15000

gain % = gain/cp *100

        = 15000/145000*100

=10.34 % is answer