Rajesh purchased a house for $45200 and spent $2800 on its repairs. He had to sell it for $46800. Find his loss.
Answers
Answered by
24
Answer:
Total cost price = $45200+2800
= $ 48000
Selling price = $ 46800
Loss = $ 1200
Answered by
55
Answer:
The loss is equal to $1200
Step-by-step explanation:
Given:
- Cost price of house purchased by Rajesh = $45200
- Money spent on its repairs = $2800
- Selling price of the house purchased = $46800
To find:
- Loss of Rajesh on house
Cost price = Cost of house + cost of repairs on house
Cost price = $45200+$2800
Cost price = $48,000
Loss = Cost price - Selling price
Loss = 48000-46800
Loss = $1200
The value of loss faced by Rajesh is equal to $1200
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