Question

A farmer purchased a piece of land for rs.18 lakh and spent 3 lakhs for registration.He sold it for rs.24.57 lakh.Find the profit percentage?

Answer 1

Answer:

Step-by-step explanation:

Cost price is 21 lakhs , selling price is 24.57 lakhs

Profit percentage = selling price/cost price into 100

24.57/21 x 100 = 2457/2100 x 100

351/3 = 117%

Therefore profit percentage is 117