Question

After spending ₹ 75000 on repairing of a house, Gita sold it at a profit of 30%. If the house was sold for ₹ 500000. Find its cost price.​

Answer 1

Step-by-step explanation:

let the cost price be X

(X+75000)+30%of(X+75000)=500000

X+75000+30/100*(X+75000)=500000

x+75000+3x/10+22500=500000

13x/10+97500=500000

13x/10=500000-97500

13x/10=402500

X=4025000/13