document.write( "Question 1100389: Mr.Chowdhary purchased a house for Rs 6.1 lac and spent Rs 30,000 on its repairs. He then sold it for Rs 8 lac. Find his gain percent \n" ); document.write( "
Algebra.Com's Answer #715130 by Theo(13342)![]() ![]() You can put this solution on YOUR website! 1 lac is equal to 100,000 rs.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "6.1 lac is equal to 6.1 * 10^5 which is equal to 610,000 rs.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "8 lac is equal to 8 * 10^5 rs which is equal to 800,000 rs.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the house was purchased for 610,000 rs and 30,000 rs of repairs was put into it.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the total cost was therefore 640,000 rs.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "it was then sold for 800,000 rs.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the profit was 800,000 - 640,000 = 160,000 rs.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the percent profit was 160,000 / 640,000 = .25 = 25%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if you worked it in lac, you would get the same answer.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "30,000 rs / 100,000 = .3 lac.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "6.1 lac + .3 lac = 6.4 lac.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "8 lac - 6.4 lac = 1.6 lac.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the percent gain (profit) is therefore 1.6 lac / 6.4 lac = .25 = 25%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |