Correct Answer - Option 2 : 50%
Given:
Rohan buys a car = Rs. 150000
Spends in repairing = Rs. 50000
Selling price = Rs. 300000
Formula Used:
Profit % = {(S.P - C.P)/C.P} × 100
Where,
S.P = Selling price
C.P = Cost price
Calculation:
According to the question, we have
The total cost price of the car = 150000 + 50000
⇒ 200000
Now,
Profit % = {(300000 - 200000)/(200000)} × 100
⇒ (100000/200000) × 100
⇒ 50%
∴ The profit percentage is 50%.