16. Rekha bought an old house for 64,000. She spent 6000 on its repairs and sold
it at a gain of 10%. Find out the selling price of the house.
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Answer:
Cost price of house = Rs 64,000
Amount spend on repairing = Rs 6000
Total expenditure = 64000+6000
= Rs 70000
Gain percentage on selling it = 10%
Selling price = 100+10/100× 64000
= 110/100×64000
= 70400
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