Question

Prazeek purchased a house for 365000rs and spent 135000rs on repairs. If he sold it for 550000,
find his gain percent​

Answer 1

⇒ Purchased at = Rs.135000

⇒ Repairing cost = 135000

⇒So , total CP = 365000 + 135000 = Rs.500000 ,

⇒ SP = Rs.550000

⇒ Gain = SP-CP = 550000 - 500000 = Rs.50,000

⇒ gain% = 50000/ 500000 × 100

⇒ Gain% = 10%