Question

Mr ravi bought a house for rupees 530000 and he spent rupees 70000 on its repairs he sold it for rupees 660000 .find his profit or loss per cent .​

Answer 1

Answer:

Given:

Ravi bought house = 530000rs.

He spent to repair the House = 70000rs.

And then he sold it at = 660000rs.

To find: Loss or Profit percent

To solution:

530000 + 70000

= 600000rs. ( total he spent )

Now we can see that he has gained profit of

660000 - 600000 = 60000rs.

Profit percent = Profit × 100

C.P

60000×100

600000

Profit percent = 10 percent

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