Amit purchased a flat for ₹ 7,56,000 and spent ₹ 44,000 on renovation. He sold it for ₹ 8,48,000. find his profit or loss percent.
(please full explain).
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Step-by-step explanation:
c.p=756000
ammount he spent for renovation is 44000
S.P=848000
c.p+ammount he spent for renovation=total c.p
756000+44000=800000
total cp=800000
profit=s.p-c.p
profit=848000-800000
=48000
so, profit%=profit/c.p×100
48000/800000×100
=6% Ans✓
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