Rajesh purchased a house for Rupees 45200 and spend rupees 2800 on its repairs he had to sell it for rupees 46800 find his loss and loss percent
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Cost Price of the house = Rupees 45200
Money spent on repairs = Rupees 2800
So, total amount of money spent = Rupees 45200 + Rupees 2800
= Rupees 48000
Selling price of the house = Rupees 46800
As CP greater than SP, there is a loss.
So loss = Rupees 48000 - Rupees 46800
= Rupees 1200
Hence loss percentage = 1200 × 100 / 48000
= 120 / 48
= 2 24 / 48 % or 2.5 %
∴Loss = Rupees 1200 and Loss percentage = 2.5 %
Hope this helped
@PoojaBBSR
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