Question

Vimla bought a used car for rs 45000 and spent rs 3000 on its overhauling. but she had to sell it for rs 45600 find profit or loss %

Answer 1

the cost price of car = 45000

money spent for overhauling=3000

total money spent for car=45000+3000=48000

selling price=45600

it is loss because

48000-45600=2400

she lossed 2400 rupees

Answer 2

$\underline{\fbox{\fbox{\Large{\underline{\textbf{SOLUTION}}}}}}$

$Amount\:of\:car\:bought\:by\:Vimla=Rs.\:45000\\\\Money\:she\:spent\:on\:its\:overhauling=Rs.\:3000\\\\Total\:cost\:price\\\\=Sum\:of\:car\:amount\:and\:money\:she\:spent\:for\:its\:overhauling\\\\=45000+3000\\\\=48000\\\\So,\:total\:Cost\:Price=48000\\\\And\:total\:Selling\:Price=45600\\\\Here,\:CP>SP\\\\So,There\:is\:Loss\\\\Loss=CP-SP\\\\=48000-45600\\\\=2400\\\\Loss\:percent=\frac{L}{CP}\times100\\\\=\frac{2400}{48000}\times100\\\\=5\%$