Question

Bimal purchase a house for Rs. 50,000 for registration and other related purposes. If he sold the house for Rs. 5,80,000. Find the percentages of loss or gain in the transaction.​

Answer 1

Answer:

brainly wasiyon

Step-by-step explanation:

brainly wasiyon

Answer 2

Given:-

•Bimal purchase a house for 50000 rupees.

•He sold the house for 580000 rupees.

To Find:-

•Percentage of loss or gain in the transaction

Solution:-

we have,

• CP = 50000 rupees
• SP = 580000 rupees

firstly, we will find Profit

Using Formula:

$\: \: \sf \: gain = selling \: price - cost \: price$

Now substitute the known values,

$\: \: \sf \: gain = 580000 - 50000 \\ \\ \: \: \sf \: gain = 530000 \: rupees$

Henceforth,gain of a house is 530000 rupees.

Now we will find profit percentage

Using Formula:

$\: \: \sf \: gain \: percent = \frac{gain}{cost \: price} \times 100$

Now substitute the known values,

$\: \: \sf \: gain \: percent = \frac{53 \cancel0 \cancel0 \cancel0 \cancel0}{5 \cancel0 \cancel0 \cancel0 \cancel0} \times 100 \\ \\ \: \: \sf \: gain \: percent = 1060 \: percent$

Henceforth,gain percent of a house is 1060 percent.