Achal bought a second-hand car for Rs 2,25,000 and spent Rs 25,000 for repairing. If he sold it for Rs 3,25,000, what is his profit per cent
Solution:
Cost Price of the second hand car = Rs. 2,25,000
Amount spent for repairing = Rs. 25,000
Final Cost Price (CP) of the Car: = Rs. 2,25,000 + Rs. 25,000 = Rs. 2,50,000
Selling Price (SP) of the car = Rs. 3,25,000
Profit = SP - CP = Rs. 3,25,000 - Rs. 2,50,000 = Rs. 75,000
Profit Percent(%) = (75000/2,50,000) × 100 = 30%
✦ Try This: Achal bought a second-hand car for Rs 3,25,000 and spend Rs 50,000 for repairing. If he sold it for Rs 5,25,000, what is his profit per cent?
Cost Price of the second hand car = Rs. 3,25,000
Amount spent for repairing = Rs. 50,000
Final Cost Price (CP) of the Car: = Rs. 3,25,000 + Rs. 50,000 = Rs. 3,75,000
Selling Price (SP) of the car = Rs. 5,25,000
Profit = SP - CP = Rs. 5,25,000 - Rs. 3,75,000 = Rs. 1,50,000
Profit Percent(%) = (1,50,000/3,75,000) × 100 = 40%
☛ Also Check: NCERT Solutions for Class 8 Maths
NCERT Exemplar Class 8 Maths Chapter 9 Problem 100
Achal bought a second-hand car for Rs 2,25,000 and spent Rs 25,000 for repairing. If he sold it for Rs 3,25,000, what is his profit per cent
Summary:
Achal bought a second-hand car for Rs 2,25,000 and spent Rs 25,000 for repairing. If he sold it for Rs 3,25,000, his profit percent is 30%
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