Math, asked by udeshya2135, 1 year ago

mr krishna purchase a flat for rs 925000 and spent rs 35000 on its renovation. if he sold the flat for rs 1080000 then %profit is

Answers

Answered by helpingbuddy40
6
Investment done by Mr krishna=925000+35000=960000
profit=1080000-960000=120000
profit%=(profit/CP)*100=(120000/925000)*100
Solve to get the answer.
Answered by MavisRee
1

Answer:

The % profit is 12.5 %

Step-by-step explanation:

Cost Price of Flat [ C.P ] = rs 925000

Renovation Cost = rs 35000 [ overhead expenses ]

Total C.P = Original C.P. + overhead expenses

Total C.P = 925000 + 35000

Total C.P = rs 960000

Selling Price of Flat [ S.P ] = rs 1080000

Since S.P > C.P,

There is profit to Mr. Krishna

Profit = S.P - C.P

= 1080000 - 960000

= 120000

Hence, Profit = 120000

Profit % = \frac{Profit }{CP} * 100

= \frac{120000 }{960000} * 100

= 0.125* 100

= 12.5 %

Hence , the % profit is 12.5 %




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