Question

Facing financial problems,a real estate investor is forced to sell an apartment suffering a 7% loss.If the apartment had been sold for ₹43080 less,his loss would have been 10%.At what price was the apartment sold.

Answer 1

If S.P=Rs43080

Loss=10%

C.P=Rs43080+44308(10%of43080)

Therefore C.P =47388

Given,

Loss=7%

So S.P=47388-3317.16(7% of 47388)

Therefore S.P if loss is 7% is=44070.84