Question

A property dealer purchased a flat for Rs 100000 and spent Rs 5000 on repairing and Rs 8000 on white washing .He sold it for Rs 230000 .find his actual C.P. what is his profit or loss​

Answer 1

✬ Profit = Rs 117000 ✬

Step-by-step explanation:

Given:

• Property dealer purchased a flat for Rs 100000.
• He spent Rs 5000 & Rs 8000 on repairing and white washing respectively.
• Selling price of flat is Rs 230000.

To Find:

• What is actual cost price of flat ? What is his profit of loss ?

Solution: The actual cost of the flat will be the addition of sum of amount at which flat was purchased and amount spent on flat after purchasing.

Let the actual C.P be Rs x. Therefore,

➟ x = Amount at which flat purchased + amount spent on repairing and white washing.

➟ x = Rs (100000 + 5000 + 8000)

➟ x = Rs (100000 + 13000)

➟ x = Rs 113000

Hence, actual cost price of flat will be Rs 113000.

A/q

• Selling price of flat is Rs 230000.

On comparing both C.P and S.P , we got

• S.P > C.P (Hence, s.p is greater than c.p so here is profit)

As we know that

★ Profit = S.P – C.P ★

➮ Profit = Rs (230000 – 113000)

➮ Profit = Rs 117000

Hence, his profit is Rs 117000.

Answer 2

$\bf{\gray{\underbrace{\blue{GIVEN:-}}}}$

• A property dealer purchased a flat for Rs.100000 .

• For repairing he spent Rs.5000 .

• For white washing he spent Rs.8000 .

• He sold it for Rs.230000 .

$\bf{\gray{\underbrace{\blue{TO\:FIND:-}}}}$

1. His actual C.P .
2. His profit or loss .

$\bf{\gray{\underbrace{\blue{SOLUTION:-}}}}$

☯︎ Total cost of the property = Amount spent on purchasing a flat + Amount spent on repairing + Amount spent on white washing .

➪ Total cost of the property = 100000 + 5000 + 8000

➪ Total cost of the property = Rs. 113000

✯ Given that, S.P = Rs.230000

Here,

$\huge\blue\checkmark$$\bf\pink{S.P\:>\:C.P}$

• Hence, Here Profit is happened .

$\green\bigstar\:\bf{\red{\overbrace{\underbrace{\purple{Profit\:=\:S.P\:-\:C.P\:}}}}}$

⟹ Profit = 230000 - 113000

⟹ Profit = Rs. 117000

__________________________

$\red\therefore$ [1] The actual C.P of the dealer is "Rs.113000" .

$\red\therefore$ [2] The profit of the dealer is "Rs.117000" .