Question

The cost price of a car is 5,00,000. A
salesman marks it at 10% above the cost
price. The car is sold at a discount of 5%.
Find the profit and profit percentage​

Answer 1

Answer:



Step-by- Explination

cp = 5,00,000

marked price= cp + cp × 10/100

                      5,00,000 + 5,00,000 × 10/100

                   5,50,000

discount 5%

therefore discount = 5%of cp

 =5/100 × 5,50,000

 rs27 , 500

discount price =rs  5,50,000 - rs 27, 500

                        = rs 22,500

profit percentage = 22500/5,00,000× 100

                            = 4.5%

therefore profit = 27,500

               profit% = 4.5%