Ram got second hand car for rupees 50,000 and spend 25% of this amount on its repairing. if he sold it at a profit of rupees 10,000 then the selling price of the car and profit percent is
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Ram got second hand car for rupees 50,000 and spend 25% of this amount on its repairing. if he sold it at a profit of rupees 10,000 then the selling price of the car and profit percent is
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c.p. of car = 50,000
s.p. of car = 10,000
amount spend on repairing = 25%
25/10,000 (25÷10,000) × 50,000
= 5 %