Question

Sham bought a house for ₹ 2,80,000 and spend ₹ 70,000 on its repairs. Then he sold the house for ₹ 3,20,000. Find his gain or loss percent.​

Answer 1

Answer:

8% loss

Step-by-step explanation:

Amount sham paid to purchase the house =Rs.280000

Amount he spent on repair =Rs.70000

Total amount he spent on the house (CP)=Rs.(280000+70000)=Rs.350000

SP of the house =Rs.320000

LOSS=CP−SP=Rs.(350000−320000)=Rs.30000

loss%=(Loss/CP)×100=(30000/350000)×100=3/35x100=8%

mark me as brainliest

Answer 2

Answer:

Step-by-step explanation:

= The money spent=280,000+70,000= ₹350,000

= He sold the house for=₹ 320,000

= ₹ 350,000-₹ 320,000=₹ 30,000

= 350,000/30,000x100=8.57142857143%