a farmer purchased a pease of land 18 laksh spent 3 lakh for registration charge. he sold it for rs=24.5 lakh. find it in persentage of profit
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Cost of a piece of land = 18,00,000
Money spent for regestration=3,00,000
Total money spent by him= 18,00,000+3,00,000=21,00,000
Selling price of land = 24,50,000
Since, Profit = s.p - c.p =24,50,000 - 21,00,000 = 3,50,000
Profit percent = Profit/c.p×100
= 3,50,000/21,00,000×100
=16.67 percent
Is the answer correct....
Money spent for regestration=3,00,000
Total money spent by him= 18,00,000+3,00,000=21,00,000
Selling price of land = 24,50,000
Since, Profit = s.p - c.p =24,50,000 - 21,00,000 = 3,50,000
Profit percent = Profit/c.p×100
= 3,50,000/21,00,000×100
=16.67 percent
Is the answer correct....
Answered by
0
16.67% is the answer.
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