Hina purchased house for 25 lacs two year later sold it for 31 lakh what is the profit or loss she makes
Answers
Answered by
1
Answer:
6 lakhs
Step-by-step explanation:
Gain=S.P. - C.P.
Gain=31 lakhs - 25 lakhs
= 6 lakhs
Answered by
3
- Cost Price = 2500000
- Selling price = 3100000
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- Profit or loss made by her.
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- Since Selling price is greater than cost price, she made profit.
- Formula for profit ==> SP - CP
- Formula for profit per cent ==>
___________________________
Profit = SP - CP
=> 3100000 - 2500000
=> 600000
Profit per cent =
=> 600000 * 100 / 2500000
=> 24%
Hope it helps...
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