2. Rahul bought as second hand car for ₹ 70000 and spent $$ ₹ 5000 $$ on overhauling and paintinge He then sold it for $$ ₹ 67500 $$ Find his gain or loss per cent

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To determine Rahul's gain or loss percentage from selling the car, let's break down the costs and the selling price.

1. **Initial Cost Price (CP):**  
   Rahul bought the second-hand car for ₹70,000.

2. **Additional Expenses:**  
   He spent an additional ₹5,000 on overhauling and painting the car.

3. **Total Cost Price (CP):**  
   $$
   \text{Total CP} = \text{Initial CP} + \text{Additional Expenses} = ₹70,000 + ₹5,000 = ₹75,000
   $$

4. **Selling Price (SP):**  
   Rahul sold the car for ₹67,500.

5. **Calculating Loss:**  
   $$
   \text{Loss} = \text{Total CP} - \text{SP} = ₹75,000 - ₹67,500 = ₹7,500
   $$

6. **Loss Percentage:**  
   $$
   \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{Total CP}} \right) \times 100 = \left( \frac{7,500}{75,000} \right) \times 100 = 10\%
   $$

**Conclusion:**  
Rahul incurred a **10% loss** on the transaction.

**Answer:**  
Rahul incurred a 10 % loss on the transaction.
Rahul incurred a 10% loss on the transaction.

2. Rahul bought as second hand car for ₹ 70000 and spent \( ₹ 5000 \) on overhauling and paintinge He then sold it for \( ₹ 67500 \) Find his gain or loss per cent

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