Jaikumar bought a plot of land in the outskits of the city for rupees 21,00,000 hebuilt a wall around it for which he spent RS 145000 and than he w ants to sell it at RS 2500000 by making an advertisement in the newspaper which costs him RS 5000 now find his profit percent with steps
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Total Money spent by JaiKumar
=21,00,000 + 145000 + 5000
= 2250000 =CP
SP = 2500000
P =SP - CP
= 2500000 - 2250000
= 250000
Profit % = P/CP ×100
= 250000/2250000 ×100
=1/9 ×100
= 11 1/9 %
=21,00,000 + 145000 + 5000
= 2250000 =CP
SP = 2500000
P =SP - CP
= 2500000 - 2250000
= 250000
Profit % = P/CP ×100
= 250000/2250000 ×100
=1/9 ×100
= 11 1/9 %
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