Q. 1005.0( 1 Vote )

# Achal bought a second-hand car for Rs 2,25,000 and spend Rs 25,000 for repairing. If he sold it for Rs 3,25,000, what is his profit per cent?

Answer :

Given, the cost price of a second hand car = Rs. 2,25,000

The amount Alchal spends for reparing = Rs. 25,000

We need to find out the profit percentage.

⇒So, actual cost of a car = 225000 + 25000

= 250000

⇒The amount for which she sold the car = 325000

⇒Now, we know that Profit = CostPrice-SellingPrice

⇒profit = 325000-250000

= Rs. 75000

⇒We know that

∴ Profit Percentage =

=

= 30 %

Hence, the profit percentage is 30%

Rate this question :

How useful is this solution?

We strive to provide quality solutions. Please rate us to serve you better.

PREVIOUSA dining table is purchased for Rs 3,200 and sold at a gain of 6%. If a customer pays sales tax at the rate of 5%. How much does the customer pay in all for the table?NEXTA lady bought an air-conditioner for Rs 15,200 and spent Rs 300 and Rs 500 on its transportation and repair respectively. At what price should she sell it to make a gain of 15%?

Related Videos

Quiz | Comparing Quantities30 mins

Quiz | Calculating Compound Interest Really Compound?46 mins

Foundation | Direct & Inverse Proportions57 mins

Quiz | Percentage35 mins

Quiz | Deciding the Business Future with Profit and Loss54 mins

One Step Ahead of Simple Interest44 mins

Make a Solid Grip on Ratios36 mins

Quiz on Profit, Loss and Discount23 mins

Quiz | Taxes, Discount and CI45 mins

Recalling Ratios and Proportions45 mins

Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Expertsview all courses

Dedicated counsellor for each student

24X7 Doubt Resolution

Daily Report Card

Detailed Performance Evaluation

RELATED QUESTIONS :

What price should a shopkeeper mark on an article that costs him Rs 600 to gain 20%, after allowing a discount of 10%.

NCERT - Mathematics Exemplar