Home
Class 6
MATHS
The cost price of a car is Rs.6,00,000. ...

The cost price of a car is Rs.6,00,000. The car is sold for Rs.5,40,000. Which of the following is true about this transaction?

A

`10%` loss

B

`10%` profit

C

`6%` profit

D

`6%` loss

Text Solution

Verified by Experts

The correct Answer is:
A
`Loss=Rs.(6,00,000-5,40,000)`
`=Rs.60000`
`implies60000" is "10%" of "6" lakhs."`
Hence, the correct option is (a).
Promotional Banner

Topper's Solved these Questions

  • PERCENTAGES AND THEIR APPLICATIONS

    PEARSON IIT JEE FOUNDATION|Exercise Short Answer Type Questions|26 Videos

  • PERCENTAGES AND THEIR APPLICATIONS

    PEARSON IIT JEE FOUNDATION|Exercise CONCEPT APPLICATION|5 Videos

  • PERCENTAGES AND THEIR APPLICATIONS

    PEARSON IIT JEE FOUNDATION|Exercise CROSSWORD|1 Videos

  • NUMBERS

    PEARSON IIT JEE FOUNDATION|Exercise CROSSWORD|1 Videos

  • RATIO AND PROPORTION

    PEARSON IIT JEE FOUNDATION|Exercise Crossword|1 Videos

Similar Questions

Explore conceptually related problems

The cost of a car is Rs. 3,00,000. The cost of a motorbike is Rs. 50,000. The ratio of the cost of motorbike to the cost of car is

Mansi purchased a car for Rs.2,50,000 and sold it for Rs.3,48,000. What is the percent profit she made on the car?

The price of a car increases from Rs.75,000 to Rs. 85,000. Find the percentage increase in the price of the car.

Minakshi purchased a Car for Rs. 1,50,000 and sold it for Rs. 2,10,000. What is the percent profit she made on the Car ?

State whether following expenditures are capital or revenue in nature (i) Second -hand car was purchased for a sum of Rs 1,00,000. A sum of Rs 10,000 was spent on its overhauling (ii) Rs 25,000 paid for the installation of a new machine. (iii) Repairs for Rs 5,000 negligence (iv) Cost of annul taxes paid and the car mentioned above (v) Cost of air-conditioning of the office of the General Manager

PEARSON IIT JEE FOUNDATION-PERCENTAGES AND THEIR APPLICATIONS -Very Short Answer Type Questions
  1. If the cost price of an article is Rs.55 and the sell-ing price is Rs....

    Text Solution

    |

  2. If the cost price is equal to the selling price, then there is .

    Text Solution

    |

  3. If the profit on selling an article is Rs.50 and the cost price of the...

    Text Solution

    |

  4. Which of the following is true?

    Text Solution

    |

  5. The percentage of loss is calculated on the .

    Text Solution

    |

  6. Discount=.

    Text Solution

    |

  7. The cost price of a car is Rs.6,00,000. The car is sold for Rs.5,40,00...

    Text Solution

    |

  8. If an article is sold for Rs.150 at a loss of Rs.50, then which of the...

    Text Solution

    |

  9. Match the following Column A to Column B

    Text Solution

    |

  10. Amount=+ Interest.

    Text Solution

    |

  11. The money taken as loan is called .

    Text Solution

    |

  12. The money to be paid for using otheRs. money is called.

    Text Solution

    |

  13. The money poid to the money lender which includes the interest and the...

    Text Solution

    |

  14. The simple interest on Rs.1000 at 10% p.a. for 10 yeaRs. is .

    Text Solution

    |

  15. If I=(PTR)/(100)" then "T=.

    Text Solution

    |

  16. Interest on Rs.500 at 12% p.a. for 1 year is .

    Text Solution

    |

  17. Interest on a certain sum is Rs. 456 and the amount is Rs.2988. The pr...

    Text Solution

    |

  18. A sum of Rs.4700 is doubled in 6 yeaRs. under simple interest at a cer...

    Text Solution

    |

  19. The simple interest on Rs.550 at the rate of 5% p.a. for 2 yeaRs. is .

    Text Solution

    |

  20. {:(,"Column A",,,,,"Column B"),(,("in "Rs.),,,,, ("in "Rs.)),((a), P ...

    Text Solution

    |