Question

Vinay bought a house for rs.450000. he spent rs.20000 on repairs and white washing and sold the house for rs. 430000. find the gain or loss per cent%

Answer 1

answer for this question was 400/47 %loss

Answer 2

Answer:

11.45%

Step-by-step explanation:

CP = 4,50,000 + 20,000

= Rs. 4,70,000.

SP= 4,30,000

Loss = CP - SP

= 4,70,000 - 4,30,000

= Rs. 40,000  

Loss % = Loss/CP x 100%

            = 40000/4,70,000 x 100%

            = 400/47

            = 11.75%

            HOPE IT HELPS!