Question

poonam purchased a hourse for rupees 480000 and spent rupees 120000 on its repairing pls answer step by step ​

Answer 1

Cost price of house = ₹480000

Money spent on repairing = ₹120000

Total cost price, CP = 480000+120000 = ₹600000

Now, selling price of the house, SP = ₹750000

As, SP > CP, there is a profit.

Profit = SP - CP = 750000- 600000 = ₹150000

Now,

Profit% = profit/CP× 100

= 150000/600000× 100

= 25%

Hope this helps! Please mark my answer as the brainliest! have a good day!