Question

by selling an apartment for ₹264500, ganesh made a profit of 15%. if he had spent ₹72560 on painting and repairs , how much did he purchase it for?
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Answer 1

Explanation:

let cp be 100

let cp be 100sp on 15%profit=115

let cp be 100sp on 15%profit=115hence,cp including repairing charge=(amount×cp)/sp

let cp be 100sp on 15%profit=115hence,cp including repairing charge=(amount×cp)/sp=(264500×100)/115

let cp be 100sp on 15%profit=115hence,cp including repairing charge=(amount×cp)/sp=(264500×100)/115=230000

let cp be 100sp on 15%profit=115hence,cp including repairing charge=(amount×cp)/sp=(264500×100)/115=230000actual cp =230000-72560

let cp be 100sp on 15%profit=115hence,cp including repairing charge=(amount×cp)/sp=(264500×100)/115=230000actual cp =230000-72560=157440