Prazeek purchased a house for 365000rs and spent 135000rs on repairs. If he sold it for 550000,
find his gain percent
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2
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ANSWER
Amount Mr. Prateek paid to purchase the house =Rs.365000
Amount he spent on repair =Rs.135000
Total amount he spent on the house (CP)=Rs.(365000+135000)=Rs.500000
SP of the house =Rs.550000
Gain=SP−CP=Rs.(550000−500000)=Rs.50000
Gain%=(Gain/CP)×100=(50000/500000)×100=5000000/500000=10%
Answered by
38
=> Cost of House = 365000 Rs
=> Cost of Repairs = 135000 Rs
=> Sell Price = 550000 Rs
=> Total Cost of House = 365000 + 135000 Rs
=> Total Cost of House = 500,000 Rs
=> Gain% = ⤵
=> ⤵
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Further Information⤵
=> Gain% = S.P - C.P / C.P × 100
=> Loss% = C.P - S.P / C.P × 100
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