.Ravi bought an old car for Rs. 70,000. He spent Rs. 30,000 for repairing the car. He then sold the car for Rs. 1,30,000. Find his profit or loss amount.
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Cp is the car = Rs. 70,000
Extra money spent on car = 30,000
Total Cp = 70,000+30,000 = 1,00,000
Sp of the car = 1,30,000
Hence he has a profit of = 130000-100000 = Rs.30000
Thank you
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