Question

Mr. Verma bought a flat for 10,00,000. He spent 5,00,000 on repair of the flat. He
required funds to invest in the business, so he sold his flat for 12,00,000. Find out his
profit or loss per cent.

Pls Help me to solve this​

Answer 1

Step-by-step explanation:

Cost price(C.P.) =₹( 10,00,000 + 5,00,000)

= ₹15,00,000

Selling price(S.P.) = ₹12,00,000

because C.P.>S.P. ,Therefore it is loss

Loss = S.P. - C.P. = ₹(15,00,000-12,00,000) =₹3,00,000

Loss per cent = loss/C.P. × 100 = 3,00,000/15,00,000 × 100 = 20

therefore,loss% = 20 .

Answer 2

Step-by-step explanation:

this is the correct answer please mark me brilliant list answer