Mr Gupta purchase the house for Rupees 250000 and spend rupees 50000 on repairs if he sells it 400000 find his gain percent solve
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Given:
Mr. Gupta purchase the house for Rupees 250000 and spend rupees 50000 on repairs
To Find:
If Mr. Gupta sells it 400000 find his gain percent solve
Step-by-step explanation:
- Mr. Gupta purchase the house for Rupees 2,50,000 and spend 50,000 rupees on repairs
- Cost Price of the house is 2,50,000 +50,000 = 300000 rupees
- Mr.Gupta sells for rupees 4,00,000
- So, the Selling price of the house is 4,00,000 rupees
- Gain = Selling price - Cost price
Gain = ( 4,00,000 - 3,00,000 ) price
= 1,00,000 rupees
- Mr. Gupta gain profit of 1,00,000 rupees
- Profit Percentage =
= 33.33 %
- Mr. Gupta gain profit of 33.33 percentage
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