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 ?

Options

A. 40
B. 30
C. 38.4
D. 37.2

Answer

To find the percent profit Minakshi made on the car, we can follow these steps:

### Step 1: Identify the Cost Price (CP) and Selling Price (SP)
- The cost price of the car (CP) is Rs. 1,50,000.
- The selling price of the car (SP) is Rs. 2,10,000.

### Step 2: Calculate the Profit
- Profit can be calculated using the formula:
\[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \]
- Substituting the values:
\[ \text{Profit} = 2,10,000 - 1,50,000 = 60,000 \]

### Step 3: Calculate the Percent Profit
- Percent profit can be calculated using the formula:
\[ \text{Percent Profit} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \]
- Substituting the values:
\[ \text{Percent Profit} = \left( \frac{60,000}{1,50,000} \right) \times 100 \]

### Step 4: Simplify the Calculation
- Simplifying the fraction:
\[ \frac{60,000}{1,50,000} = \frac{60}{150} = \frac{2}{5} \]
- Now multiply by 100:
\[ \text{Percent Profit} = \left( \frac{2}{5} \right) \times 100 = 40\% \]

### Final Answer
- Minakshi made a percent profit of **40%** on the car.

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