A house was purchased for ₹10,00,000 and sold at a profit of 20 %find the selling price of the house
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Answer: The selling price of the house is 12,00,000 (12lakhs)
Step-by-step explanation:
Buying Price = RS.10,00,000
Selling Profit = 20%
Therefore 20%of 10,00,000 is 2,00,000
Total price of selling the price = Buying Price+Selling Profit
=10,00,000+2,00,000
=12,00,000 RS
Hence, the selling price of the house is 12,00,000 i.e 12 lakhs
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