Vinay bought a flat for Rs. 4,50,000. He spent Rs. 10,000 on its painting and repairs. Then he sold it for Rs. 4,25,000. Find his gain or loss percentage.
- AOption (a)
Loss 6.5%
- BOption (b)
Loss 7.5%
- COption (c)
Gain 7%
- DOption (d)
Gain 6%
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Correct answer
Loss 6.5%