Mr. Dayanand purchased a house for Rs 18,56,450. He spent Rs 50,000 on repairing it and Rs 20,342 on whitewashing it. Afterwards, he sold this house for Rs 21,25,425. Calculate the profit or loss per cent.
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Answer:
total cost spended by Mr. Dayanand
=50,000+20,342=70342
cost of the house =18,56,450
total amount spend on house=70342+1856450
=1926792
solding price of house=2125425
2125425>1926792
so.he has profit
profit amount=2125425-1926792=198633
profit percent = 198633×100÷1926792
=19863300÷19267926
=10.309%
=10.31%
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