Question

a man buys an old house for peace 300000 .he spend 65000 on its repairs and sells it for 325000. find his profit or loss percent.​

Answer 1

A N S W E R -

Given -

A man buys an old house for Rs 300000 .he spend Rs 65000 on its repairs and sells it for Rs 325000. Find his profit or loss percent.

To find -

Profit or Loss percent (%)

CP of house = Rs 300000

Additional expenses = Rs 65000

Total CP = 300000 + 65000

= Rs 365000

SP = Rs 325000

Loss = 365000 - 325000

= Rs 40000

Loss (%) =

$\frac{loss}{cp} \times 100 \\ = \frac{40000}{365000} \times 100 \\ = 10.9\%$

Answer 2

Answer:

Profit or Loss percent (%)

CP of house = Rs 300000

Additional expenses = Rs 65000

Total CP = 300000 + 65000

= Rs 365000

SP = Rs 325000

Loss = 365000 - 325000

= Rs 40000

Loss (%) =

cp / loss × 100 =

365000 / 40000 × 100

=10.9%