Question

A property dealer bought an old flat for Rs.8,65,000. He spent Rs.1,35,000 on it’s repairs and painting. He sold it for Rs.14,50,000. Find his gain percent.

Answer 1

Answer:

45%

Step-by-step explanation:

cp=865000+135000=1000000

Sp=1450000

profit=sp-cp=450000

profit%=450000÷1000000×100

profit%=45

Answer 2

Answer:

45% profit

cost price 135000+865000=1000000

sp - 1450000

profit be sp-cp/cp *100 = 450000/1000000 *100= 45%