1.

Anil bought a house at 485000 and spent themoney on its maintenance 52000. After then,he sold it for 620000. Find his profit.

Answer»

House is bought for Rs.485000

Extra expenses = 52000

So total cost price = 485000 + 52000

= 537000

Then, it is sold for Rs.620000

That is Selling Price (SP) = Rs.620000

Profit % = ((SP-CP)/CP)*100

Profit % = ((620000–537000)/537000)*100

Profit % = 15.45%

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