Mr Chaudhari purchased a house for rupees 6.1 lakh and spent rupees 30000 on its repairs he then sold it for rupees 8 lakhs find his gain percent
Answers
Answered by
0
16%
8-6.4=16
that is it.
answer is 16 percent and explanation is below that
Answered by
11
Answer:
25%
Explanation .
6.1 lac is equal to 6.1 * 10^5 which is equal to 610,000 rs.
8 lac is equal to 8 * 10^5 rs which is equal to 800,000 rs.
the house was purchased for 610,000 rs and 30,000 rs of repairs was put into it.
the total cost was therefore 640,000 rs.
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%.
if you worked it in lac, you would get the same answer.
30,000 rs / 100,000 = .3 lac.
6.1 lac + .3 lac = 6.4 lac.
8 lac - 6.4 lac = 1.6 lac.
the percent gain (profit) is therefore 1.6 lac / 6.4 lac = .25 = 25%
Hope this will help you.
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