Question

the cost price of a car is rupees 500000 the salesman marks at 10% above the cost price then the car is sold at a discount of 5% find the profit and profit percent

Answer 1

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CP of car =₹ 500000
MP = CP + 10% of CP
=> 500000 + 10/100 * 500000
=> ₹ 550000
=> D % of MP
=> 5/ 100 * 550000
=> ₹27500
SP = MP - D
=> 550000 - 27500
=> ₹522500

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