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....
Answers
Answered by
2
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%
Answered by
10
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.
Similar questions