Gagan bought a plot of land for Rs. 2,35,000. He built a boundary wall around the plot and levelled the land and sold it for Rs. 35,00,000, thus making a profit of 40 % on his investment.how nuch he did he spend as overhead charges?
Answers
Answered by
0
Answer:
subtract the total money from investment ...and the. answer is 3,265,000
Answered by
1
Answer:
19,59,000
Step-by-step explanation:
Original cost of the plot of land = Rs. 2,35,000
Selling price of the plot of land = Rs. 35,00,000
Total profit over the cost of the plot of land= Rs. 2,35,000 - Rs. 35,00,000 = Rs. 32,65,000
Profit over the investment costs = 40 ÷ 100 × Rs. 32,65,000 = Rs. 13,06,000
Total cost of the investment = Rs. 32,65,000 - Rs. 13,06,000 = Rs. 19,59,000
Similar questions