2. Monica bought a real-estate property for 3 3,00,000. She built a boundary wall around it a
the property for 6,00,000. She made a profit of 20%. How much did she spend
as over head
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Answered by
1
Answer:
she had spend as over head of 720000
Answered by
6
Answer:
2,40,000
Step-by-step explanation:
Cost price = 3,00,000
Profit % = 20
Profit = Selling price - cost price
⇒ Profit = Selling price - 3,00,000
Profit % = (Profit / cost price ) x 100
⇒ 20 ={ ( selling price - 3,00,000) / 3,00,000} x100
⇒ 20 = { ( selling price - 3,00,000) / 3,000}
⇒ 20 = { ( selling price - 3,00,000) / 3,000}
⇒ 20 x 3000 = ( selling price - 3,00,000)
⇒ 60,000 = ( selling price - 3,00,000)
⇒ 60,000 + 3,00,000 = selling price
⇒ 3,60,000 = Selling price
Over heads expenses = 6,00,000 - 3,60,000 = 2,40,000
Step-by-step explanation:
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