Question

A property dealer purchased a flat for 5,00,000 and spent * 50,000 on repairing,<br />80,000 on wood work and white washing. He, then sold it for * 7,00,000. Find<br />his profit or loss. What was his profit or loss per cent?​

Answer 1

• See the above attachment....

Hope this helps you............................

Answer 2

Answer:

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Total c.p=500000+50000+80000=630000

S.P.=700000

Here s.p. is greater than c.p.

so,here is loss...

Loss=s.p.-c.p

=700000-630000

=30000

Loss percent=(loss/c.p.)×100

=(30000/630000)×100

=3000000/630000

=4.761....

=4.76percent loss...