Question

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4. Mr Gurvinder sold his old car for 1,90,540 getting a profit of * 14,020. If he had sold
it for rupees two lakh, how much more profit would he have made?​

Answer 1

Answer:

Total cost of 4 cars =1+2=3 lakh

Total S.P of 4 cars =3×1.5=4.5 lakh (Since S.P =

100

(100+Gain%)

× C.P)

S.P of 1 car =1.2 lakh

S.P of rest 3 cars =4.5−1.2=3.3 lakhs

Average S.P of all the 3 cars =1.1 lakhs

Answer 2

Answer:

Total Cost of old Car = 1,90,540

Profit = 14,020

Cost Price of old Car = 1,90,540 - 14,020 (CP = SP - P)

Cost Price of old Car = 1,76,520

According to Question If he had sold old Car for two lakh

200000 - 1,76,520 = 23,480

profit = 23,480