Question

A property dealer purchase for 500000 and spent RS 50,000 on repairing rupees 80000 on wood work and white was he sold it on rupees 700000 find out profit or loss percent

Answer 1

⇒ Purchased at = Rs.135000

⇒ Repairing cost = 135000

⇒So , total CP = 365000 + 135000 = Rs.500000 ,

⇒ SP = Rs.550000

⇒ Gain = SP-CP = 550000 - 500000 = Rs.50,000

⇒ gain% = 50000/ 500000 × 100

⇒ Gain% = 10%

Answer 2

500000+50000+80000=630000
(700000-630000)/700000
THEREFORE
PROFIT IS OF 10%