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:

I am going by the traditional algebraic way.

Let the CP be x.

so total Cost incurred = x + ₹75000

Since the Selling price is 5,00,000

Also, Profit is 30%

So,

TC (Total Cost) + 30% = SP

(x+75,000/100)*130 = 5,00,000

x = (5,00,000*10/13)-75,000

Rest of the calculation is yours....

Hope it helps...

Answer 2

Answer:

cost price = Rs.367307.6