# Rajesh purchased a house for 45200 and spent 2800 on its repairs he had to sell it for 46800 find his loss and loss percent

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by garvgarv

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by garvgarv

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Repair cost=Rs.2800

Total CP=Rs.(45200+2800)=Rs.48000

SP of house=Rs.46800

CP>SP, it is a loss

Loss=SP-CP=Rs(48000-46800)=Rs.1200

Loss%=(Loss/CP*100)%

(1200/48000*100)%=2.5%

Repairs = 2800

Total C.P. = 48000

S.P.= 46800

Loss = C.P. - S.P

= 1200

Loss % = (Loss / C.P. × 100 )

= ( 1200 / 48000 ×100)

= 2.5 %

Therefore ,

Loss = 1200

Loss % = 2.5 %