(e) A property dealer purchased a house for * 1,50,000. He spent 15,000 on
repairing the house. After six months, he sold the house for 2,15,000.
Find the gain or loss of the property dealer.
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Answer:
Given :
He purchased the house in = rs 1,50,000
He repaired his house = rs 15,000
He sold his house = rs 2,15,000
To find: gain or loss of property dealer
To solution:
So,
total purchase of house by repairing and buying =
1,50,000 + 15,000 = 1,65,000rs
Than he sold it at = 2,15,000rs
he gained = 2,15,000 - 1,65,000
= 50000rs
Property dealer gained 50000 rs
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