Question

I buy a flat for 625000 I sold it for 650000 did I gain or lose tell in %​

Answer 1

Answer:

4%

Step-by-step explanation:

Selling Price = 650000

Cost Price = 625000

SP > CP

Hence it is Profit

Profit = SP - CP

= 650000 - 625000

= 25000

Profit% = P/CP × 100

= 25000/625000 × 100

= 25/625 × 100

= 1/25 × 100

= 4%

Answer 2

Answer:

you will gain

Step-by-step explanation:

profit = 650000-625000=25000

profit %=25000/625000x100

=100/25=4%

profit% =4%