Question

Selling price of car if rs 50,000 , profit is 10% and cost price of car will be ?

Answer 1

Rs 45,000

Explanation:

The profit is the difference between the selling price and the cost price of the car. In this case, the profit is 10% of the selling price, or 10% * Rs 50,000 = Rs 5,000.

Therefore, the cost price of the car is the selling price minus the profit, or Rs 50,000 - Rs 5,000 = Rs 45,000. This is the amount that the seller paid for the car, before adding the profit.