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A pre-owned car show room owner bought a...

A pre-owned car show room owner bought a second hand car for ₹1,50,000. He spent ₹20,000 on repairs and painting, then sold it for ₹2,00,000, Find whether he gets profit or loss. If so, what percent?

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The correct Answer is:
Profit= 30,000 profit%=17.65
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