Ramalal purchased a plot rs 1,35,000 . He constructed a boundary wall around it which costed him rs 25,500 . If he sold the plot for rs 1,90,500, find the gain or loss .
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Answer:
Cost of the plot= 135000 rupees
Boundaries cost= 25500 rupees
Therefore money he has left after constructing the boundary wall=
135000-25500
= 109500 rupees
Selling price of plot= 190500
190500> 109500 Hence there is a gain
The gain = 190500- 109500= 81000
Hence there is a gain of 81000 rupees
Hope this helps u :)
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