Question

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Answer 1

Hi there,

Q13. seling price = 900000

12.5%of 900000

=125×900
=112500

actual cost price = 900000-112500

= 787500

paid to broker = 90000

then cost of buying and renovations
=787500-90000

=697500

cost price = 697500-renovations 

= 697500-200000

=497500

Q14.

Cost Price of Painting = 60000
Let Extra Amount spent = x 
Total Cost of Painting = 60000 +  x
Selling price of Painting = 72080
Profit % = 6 %

as we know,

Selling price = Cost price× (100+profit%)/100

72080= (60000+X) × 106 /100

60000+x = 72080×100/106

x = 80000

So extra amount spend is 8000rs.