Question

Ramesh purchased a house for 4,52,000 and spent 28,000 on its repairs. He had
to sell it for 4,68,000. Find his profit or loss per cent.
please answer with solution
​

Answer 1

Step-by-step explanation:

price of house is 4,52,000

spent on repairs is 28,000

so, the total cost of house is become 452000+28000

=4,80,000

he sold his house at rate of 4,68,000

which is less than total cost so he loss 12000

and now u can find the percentage by yourself

thanks pls mark as brainliest

Answer 2

$\\\underline{\underline{\sf{\pmb{Question:}}}}$

Ramesh purchased a house for 4,52,000 and spent 28,000 on its repairs. He had to sell it for 4,68,000. Find his profit or loss percent.

$\\\underline{\underline{\sf{\pmb{Required \: Answer:}}}}$

$\\ \underline{\underline{\sf{\pmb{Given:}}}}$

$\\ \rightarrow{\sf{Purchased \: the \: house \: at \: 4,52,000}}$

$\sf{\rightarrow{Spent \: on \: repairing \: at \: 28,000}}$

$\sf{\rightarrow{Sold \: the \: house \: at \: 4,68,000}}$

$\\ \underline{\underline{\sf{\pmb{To \: Find:}}}}$

$\\ \rightarrow{\sf{The \: percentage \: of \: profit \: or \: loss}}$

$\\ \underline{\underline{\sf{\pmb{Solution:}}}}$

First, let's find the total expenditure.

Here we have,

• $\implies{\rm{Purchase \: price = 4,52,000}}$
• $\implies{\rm{Repairing \: price = 28,000}}$

Hence,

$\\ \rm{\implies{Total \: expenditure = (4,52,000 + 28,000)}}$

$\rm{\therefore{Total \: expenditure = \bold{4,80,000}}}$

Here, we can see, the total expenditure is more than the selling price. Hence, his selling was at a loss.

We know that:-

$\\ \underline{\boxed{\sf{\bold{Loss\% } = \dfrac{Cost \: price - Selling \: price}{Cost \: Price} \times 100 }}}$

Here,

• Cost price = 4,80,000
• Selling price = 28,000

Substituting the values:-

$\sf{\bold{Loss\%} = \dfrac{4,80,000 - 4,68,000}{4,80,000} \times 100}$

$\\\implies{\sf{\bold{Loss \%} = \frac{12,000}{{\cancel{4,80,000}}} \times 100}}$

$\\\implies{\sf{\bold{Loss \%} = \frac{12,000}{4,800} }}$

$\\ \sf{\therefore{\bold{Loss\%} = \red{2.5}}}$

$\\ \\ \underline{\boxed{\sf{Hence, \: the \: loss \: was \: \green{2.5\%}\checkmark{}}}}$