Mr virmani purchased a house for 365000 and spent 135000 on its repair he sold at 550000 find his gain present
phaniraj0:
50000
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C. P=3,65,000 rupees
additional money spent = 1,35,000 rupees
total C. P = 3,65,000+1,35,000
=5,00,000 rupeees
S. P = 5,50,000 rupees
therefore, S. P>C.P
thus, profit
Profit = S.P-C.P
=5,50,000-5,00,000
=50,000 rupees
Profit % = Profit/C.P×100
=50,000/5,00,000×100
=10%
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