Question

Vinay boughta house for rupees 450000 he spent rupees 20000 on repairs and whitewashing and then sold it for rupees 430000 find his gain or loss

Answer 1

Answer:

he suffered a loss of 40000

Step-by-step explanation:

he bought house 450000

spent on repairs 20000

therefore total expenses = 450000+20000=470000

selling price =430000

here cost price is greater than selling price . he have a loss

loss = cost price - selling price

470000 - 430000

loss = 40000

Answer 2

Answer:

Loss of ₹40,000

Step-by-Step Explanation:

Money paid to buy the house = 450000

Money spent on repairs and whitewashing = 20000

Total money spent = 450000 + 20000 = 470000

Money got by selling the house = 430000

Therefore,

470000(Loss) > 430000(Gain)

Hence,

Loss of;

470000 - 430000

= 40000

Answer: Vinay had a loss of ₹40000.

Hopes it helped!

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