Question

Raju bought an old car for Rs.125000 and spent Rs.25000 on its repair . He sold the car for Rs.200000 . Find his gain or loss percent .

Answer 1

Answer:
`33.33\%`

Explanation:

Given

Raju buy an old car for
`Rs\ 1,25,000`

He spent
`Rs\ 25000` on its repair

The selling price of the car
`Rs\ 2,00,000`

So, the cost price is

`\Rightarrow C.P.=1,25,000+25,000=Rs\ 1,50,000`

Here,
`S.P.> C.P.\quad \text{i.e. gain}`

Gain percent is

`\Rightarrow \text{Gain percent}=(2,00,000-1,50,000)/(1,50,000)* 100=(50,000)/(1,50,000)* 100\\\Rightarrow \text{Gain percent}=33.33\ \%`