Peter bought a plot of land for 75,000. He spent 35,000 on
building a boundary wall around the plot. He then sold the land
for 1,50,000. Find his profit or loss.
Answers
Answered by
6
Step-by-step explanation:
C.P of the land peter brought = ₹ 75000
C.P of building the boundary = ₹ 35000
Total C.P = ₹ 110000
S.P of the land = ₹ 150000
Since, S.P is greater than C.P ( therefore it is profit)
Therefore, profit = S.P - C.P
= ₹150000 - 110000
= ₹ 40000
Answered by
1
Step-by-step explanation:
C.P of the land peter brought = ₹ 75000
C.P of building the boundary = ₹ 35000
Total C.P = ₹ 110000
S.P of the land = ₹ 150000
Since, S.P is greater than C.P ( therefore it is profit)
Therefore, profit = S.P - C.P
= ₹150000 - 110000
= ₹ 40000
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