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.
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 Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses