Question

Poonam purchased a house for rs. 480000 and spent rs. 120000 on it's repairing. if she sold it for rs. 750000, find her gain or loss percent ....

plz give full explanation ( step by step ) plz....​

Answer 1

Answer:

Step-by-step explanation:

Rate at which she purchased = ₹4,80,000

Cost spent on repairing = ₹1,20,000

Total cost spent = ₹4,80,000 + ₹1,20,000 = ₹6,00,000

Cost at which it was sold = ₹7,50,000

Cost spent < Cost sold

Profit = ₹7,50,000 - ₹6,00,000 = 1,50,000

Profit% = x = 1,50,000 × 100/6,00,000 = 25

Hence, Poonam made a profit of 25%

Answer 2

Answer:

Cost price of house = ₹480000

Money spent on repairing = ₹ 120000

Total cost price = 600000

Selling price of house =₹750000

SP >CP, so there is a profit.

Profit = SP-CP

= 750000- 600000

= 150000

Profit% = profit/CP× 100

= 150000/600000× 100

= 25%

mark me as brainliest.