Q100 of 96 Page 287

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


= 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%


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