Question

Ramesh purchase a house 452000rupees and spent 28000 rupee on repair he had sell is 468000find in profit or loss

Answer 1

Purchase Price + Repairs

Rs.4,52,000 + Rs.28,000

Rs.4,80,000

Sale Price = Rs.4,68,000

Sale price < Purchase price , therefore it is a LOSS

Loss = Sale price - purchase price

= Rs.12,000