Question

Amar sold his flat at a profit of 10%. If it had been sold for 1,05,000 less, then the profit would been 7%. Find the cost price of the flat.


please solve fast​

Answer 1

Answer:

Step-by-step explanation:

Let say,

"S.P." → represents the selling price of the flat

"C.P." → represents the cost price of the flat

Since Amar sold his flat at a profit of 10%, so we can form an eq. as,

....... (i)

Also, if the flat would have been sold for Rs. 105000 less then he would have made a profit of 7%,

so we can form an eq. as,

substituting from (i)

Thus, the cost of the flat is → Rs. 3500000.

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