Question

Madhu and kavitha purchased a new house for 3,20,000,due to some economic problems they sold the house for 2,80,000.find the loss incurred?

Answer 1

CP=Rs 3,20,000 and SP=Rs 2,80,000. Since CP > SP, there is a loss. Loss=SP - CP = Rs(3,20,000 - 2,80,000)= Rs 40,000 Hope this helps, Please mark as branliest.

Answer 2

40,000 incurred he loss.
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