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?
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
⇒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%
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