Question

After spending ₹ 75000 for remodeling a house.Sania sold her house at a profit of 20%.lf the SP was ₹ 3600000 how much did she spend to buy the house

Answer 1

Selling price = ₹ 3600000

profit = 20 %

So , Cost price = SP × { 100 / 100 + gain}

= 3600000 × { 100 / 100 + 20}

= ₹ 3000000

spend money on remoulding = ₹ 75000

CP = ₹ 3000000

Money spend on buying house = 3000000 - 75000 = ₹ 2925000

Answer 2

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