Question

Mr. Gupta purchases a house for 2,50,000 and spends 50,000 on repairs. If
he sells it for 4,00,000, find his gain per cent.​

Answer 1

Answer:

C.P of house = 2,50,000

money spent on repairs = 50,000

total money = 2,50,000+50,000

= 3,00,000

S.P of house = 4,00,000

profit = 4,00,000 - 3,00,000

= 1,00,000

profit% = (profit ×100/C.P)%

= (1,00,000×100/3,00,000)%

= (1,00,00,000/3,00,000)%

= (100/3)%

$= 33 \frac{1}{3}$

I HOPE IT WILL HELP YOU.

Answer 2

Step-by-step explanation:

• 250000 + 50000
• 300000
• 400000 - 300000
• 100000 ÷ 400000
• 40 %