Question

Rangaraju purchase the house for Rupees 245000 and spent rupees 5000 for the repair works later he sold the house for rupees 300000 the percent of profit in transaction is ​

Answer 1

Answer:

Profit = 20%

Step-by-step explanation:

Purchase price = 245000₹

Spent = 5000₹

Total cost price =245000+5000

=250000₹

Selling Price = 300000₹

Profit = Selling Price - Cost Price

= 300000 - 250000

=50000₹

Profit percentage = Profit /Cost price ×100

= 50000/250000×100

=100/5

=20 %

so, profit % will be 20%

Answer 2

Ans : 9.09%

Hope the answer is correct