Vinay bought a flat for 4,50,000 rupees. he spent 10,000 rupees on its paintings and repair. Then he sold it for 4,25,000 rupees. Find his gain or loss a.d also it's percent.
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Answer:loss of 35000
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Answer:
Cost of Flat =Rs.450000
Painting and Repair Cost =Rs.10000
Selling Price =Rs.425500
Total Cost Price = Sum of all Costs =450000+10000=460000
Profit or Loss =S.P–C.P=425500–460000=−34500 (Loss)
Percent loss =(CPLoss)×100
=(450000034500)×100=7.66
∴ Loss is of Rs.34,500 or 7.66%.
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