Question

A man sold a house at 8% loss .Had he sold it for rupees 270000 more he would have gained 1%. For how much did he buy the house .​

Answer 1

Answer:

let P be the price of house at which man bought it

Man sold at 8% loss

So Selling price = 92%of P

If he sold it for 270000 more he gain 1%

So, 92% of P+ 270000 = 101% of P

0.92P + 270000 = 1.01P

0.09P= 270000

P = 3 × 10^6

That is he bought the house at 3 million

#answerwithquality #BAL

Answer 2

Step-by-step explanation:

let P be the price of house at which man bought it

Man sold at 8% loss

So Selling price = 92%of P

If he sold it for 270000 more he gain 1%

So, 92% of P+ 270000 = 101% of P

0.92P + 270000 = 1.01P

0.09P= 270000

P = 3 × 10^6

That is he bought the house at 3 million