Kareena bought a house for 14,50,000 and paid 2% of the C.P. to the broker. She spent ?" 1.21,000 on the repair of the house. She finally sold the house for 18.40.000. Find her profit per cent.
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Answer:
The profit percentage = 15%
Step-by-step explanation:
Given the cost of house that Kareena bought is 14,50,000 and sold it sold for 18,40,000
the percentage that she paid to broker = 2%
the total amount that she paid to broker = = 29,000
cost spent to repair it = 1,21,000
the total amount that she spent for house =
actual cost + commission + repairing cost
14,50,000 + 29,000 + 1,21,000 = 16,00,000
profit on house = 18,40,000 - 16,00,000 = 2,40,000
profit percentage = ( profit × 100) / c.p
= 15 %
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