Question

buy them?
Ranjan purchased a house for Rs 55,000 and spent Rs. 20,000 on its repairing. At what price
should he sell it to gain Rs. 15000. Also find gain percent on this transaction.​

Answer 1

Answer:

CP- 55,000

Overhead expenses- 20,000

=55,000+20,000

=75,000

To gain 15,000 on it:

75,000+15000

=90,000

GAIN% = GAIN/CP×100

GAIN%= 15000/55000×100

GAIN%= 27.27%

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