The information given regarding the computation of the profit or loss shows that there's a loss of RS 500,000.
How to calculate the profit?
From the information given, it was stated that the real estate agent bought two triangular Kittas' having a common side as shown in the figure from two people for Rs 2000,000 altogether.
It was further depicted that he sold the land in the shape of a quadrilateral at Rs 1,500,000. In their case, the sale is less than the cost and therefore, there's a loss.
The loss will be:
= 2,000,000 - 1,500,000
= 500,000
Therefore, the information given regarding the computation of the profit or loss shows that there's a loss of RS 500,000.
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