A dealer sold a house for $150000 by making a profit of $ 8000. Find the cost price of the house
Answers
Answered by
6
Answer:
Selling price of house = $150000
Profit =$8000
Cost price = Selling price - Profit
= $ 150000-$8000
= $ 142000
Answered by
1
Answer:
Cost Price = $142000
Step-by-step explanation:
Sales Price of a house is $150000
Profit is $8000
Since there is a profit, the cost must be less than the sales price.
Therefore, Cost Price = Sales Price - Profit = $150000 - $8000 = $142000
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