Mr. Mehta purchased a second car for $R s .80, 000$ and spent $R s . 15, 000$ on repairs . After some time he sold the car for $R s .90, 000 .$ Find the profit or loss percentage .

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Solution

Total payment on car $= 80, 000 + 15, 000 = 95, 000$
Sold the car in $R s 90, 000$
Loss $= 95, 000 - 90, 000 = 5000$
$% l o s s = \frac{5000}{95000} \times 100 = 5.26 %$

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Mr. Mehta purchased a second car for Rs.80,000 and spent Rs.15,000 on repairs . After some time he sold the car for Rs.90,000. Find the profit or loss percentage .

Total payment on car =80,000+15,000=95,000Sold the car in Rs90,000Loss=95,000−90,000=5000%loss=500095000×100=5.26%

Mr. Mehta purchased a second car for $R s .80, 000$ and spent $R s . 15, 000$ on repairs . After some time he sold the car for $R s .90, 000 .$ Find the profit or loss percentage .

Total payment on car $= 80, 000 + 15, 000 = 95, 000$
Sold the car in $R s 90, 000$
Loss $= 95, 000 - 90, 000 = 5000$
$% l o s s = \frac{5000}{95000} \times 100 = 5.26 %$