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?
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Answered by
3
Step-by-step explanation:
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Answered by
25
Answer:
S.P.=700000
Total c.p=500000+50000+80000=630000
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....
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