Vinay bought a house for Rs. 4,50,000. He spent Rs.20,000 on repair and white washing and then sold it for Rs. 4,30,000. Find his gain or loss percentage.
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Hey...!!!
C.P of a house = 450000 + 20000
= Rs 4,70,000
S.P = 4,30,000
Loss = C.P - S.P
= 4,70,000 - 4,30,000
= Rs 40,000
Loss % = Loss / C.P x 100
= 40,000 / 4,70,000 x 100
= 8 whole 24/47 %
Hope it helps...!!!
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