Question

ram buys an old house for rupees 300000. He spent rupees 20 %on its repair and sells it at 450000. find his gain or loss percent​

Answer 1

Step-by-step explanation:

Cost price:- 3,00,000

20% of CP =

(20/100)*300000

=60,000

Final CP=3,00,000+60,000=3,60,000

Selling Price =450000

Profit=SP-CP = 450000-360000=90,000

Gain percent = (90,000/300000)*100 = 30%

Answer 2

30%

Step-by-step explanation:

Total Cost Price = 300000 + 20% of 300000

= 300000 + 20/100 * 300000

= 300000 + 60000

= 360000

Selling Price = 450000

Total Gain = SP - CP

= 450000 - 360000

= 90000

Gain% = Gain/CP * 100

= 90000/300000 * 100

= 30%