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Mr virmani purchased a house for ₹365000 and spent ₹135000 on its repairs. If he sold it for ₹550000,find his gain percent

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by annie6

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by annie6

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⇒ Repairing cost = 135000

⇒So , total CP = 365000 + 135000 = Rs.500000 ,

⇒ SP = Rs.550000

⇒ Gain = SP-CP = 550000 - 500000 = Rs.50,000

⇒ gain% = 50000/ 500000 × 100

⇒ Gain% = 10%

spent cost on repairs

total cost spent on house

selling cost

gain price

gain price

to find out gain percentage

hope so sum is clear to understand...........^_^ !!!