the cost price of a car is 5,00,000 ,a salesman marks it 10% above the cost price ,the car is sold at a discount of 5%,find the profit and profit percentage
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Answered by
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Step-by-step explanation:
C.P=Rs 5,00,000
C.P=Rs 5,00,000Market price =CP+CP× 100/10=500000+500000× 100/10=Rs 550000
=Rs 550000Discount =5%
=Rs 550000Discount =5%∴Discount=5% of C.P=
= 100/5 ×5,50,000
5 ×5,50,000=Rs 27,500
5 ×5,50,000=Rs 27,500Discounted Price =Rs 550000−Rs 27500
=Rs 522500
=Rs 522500Profit =Rs 522500−500000=Rs 22,500
=Rs 522500Profit =Rs 522500−500000=Rs 22,500Profit%= 5000000/22500 ×100=4.5%
Answered by
1
Answer = 4.5%
Hope it helps
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