Question

Mr virmani purchased a house for Rs365000 and spent Rs 135000 on its repair. if he sold it for Rs550000, find his gain percent​

Answer 1

Hey , Here is your answer.....

Cost Price of house = Rs 365000

Repairing cost of house = Rs 135000

Total cost price of house = 365000 + 135000

= Rs 500000

Selling Price of house = Rs 550000

Gain = S.P - C.P

= 550000 - 500000

= Rs 50000

Gain % = Gain × 100

C.P

= 50000 × 100

500000

= 0.1 × 100

Gain% = 10 %

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