Question

8.) find the profit and loss percent in each case a house bought for 22,25,000 and sold for 25,00,000 ​

Answer 1

Answer:

Profit Percent = 12.35%

Step-by-step explanation:

Given that ;

C.P of house = 22,25,000

S.P of house = 25,00,000

It's Profit ;

Because S.P is more than C.P

Profit = S.P - C P

Profit = 25,00,000 - 22,25,000

Profit = 2,75,000

Profit Percent ( P% ) = Profit / C.P × 100

P% = 2,75,000 / 22,25,000 × 100

P% = 2,75,000 / 22,250

P% = 12.35 %