Question

A property dealer purchased a flat for rupees 4,00,000 and spent rupees 50000 on repairing. He, than sold it for ripped 530000. Find his profit or loss. What was his profit or loss percent?​

Answer 1

Answer:

Cp=400000 on purchasing the flat

spent rupees 50000

Sp =530000

so firstly add the Cp and spend money

400000+50000=450000

Total cost price = 450000

Sp = 530000

Gain = Sp -Cp

530000-450000 = Rs 80000

Gain 0/0 =gain /100*cp

= 80000/100*450000

=360000000

Answer 2

Step-by-step explanation:

cost of flat=4,00,00

spent rs on repairing=50,000

cost at he sold=5,30,000

profit=5,30,000-4,00,000=1,30,000

profit percentage=profit/cp×100%

=1,30,000/5,30,000×100%

=130/530×100%

=1/5×100%

=10%