Question

Mr Champa purchase a house for 6.1 lakh and span 30000 on its repairs he sold it for 8 find his gain percent​

Answer 1

Explanation:

it was then sold for 800,000 rs. the profit was 800,000 - 640,000 = 160,000 rs. the percent profit was 160,000 / 640,000 = . 25 = 25%.

Answer 2

Explanation:

CP OF A HOUSE= 610000

SPENT ON REPAIR = 30000

ACTUAL CP = 610000+30000=640000

SP OF A HOUSE = 800000

P%

$= \frac{sp - cp}{cp} \times 100 \\ = \frac{800000 - 640000}{640000} \times 100 \\ = \frac{160000}{640000} \times 100$

=25%