Ramesh purchased a house for rs. 4,52,000 and spend rs. 28,000 on its repairs . he had to sell it her rs. 4,68,00
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Answer:
Rs. 405,20
Step-by-step explanation:
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
Loss = 4,52,000 - 4,68,00
= Rs. 405,200
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