Operations on Large Numbers

1) A Car Dealer Advertises for a Car, and the Car Markup Is 1/6 if the Cost Price of the Car Is Rs 240000. Then Find the Profit for the Car.

Here cost price = 240000 Markup = 1/6

We have markup = Profitcost
So, Profit = Markup × cost
Profit from the car
=Rs( 1/6 × 240000)

= Rs 40000
So, the profit of the car is Rs 40000.