Question

A man Purchased a house. He spent z 1000 for broker's Commission and ₹ 1000 for repair & His gain is 20% on the selling Price. If selling Price is ₹15000 find out the cost price. ​

Answer 1

Step-by-step explanation:

for this

1000 for brokers commission

1000 for repair

sp-cp=profit

finding cp

therefore let cp be x

cp= x+ 2000

sp= 15000

therefore

2000x / 15000

15000-2000=13000

13000-20% of 15000

finding 20%of 15000

=3000

therefore

13000-3000 =10000

there fore the cp of house = 1000

Hope It was helpful

thanks