If Rohan sells his house for rupees 60000 he will have loss by 10 % for how much it should be sold if he desire profit 5 %.step by step explained plz Image if you can do it plz
Answers
Step-by-step explanation:
I can't take photo but in this I explains you
So first we write
He sell his house =60000
The profit percent=5%
So 60000×5
₹300000÷10
Rs 30000
Because of 10%suffer what you have written
So he sold his house at Rs 30000
Step-by-step explanation:
Given:-
If Rohan sells his house for rupees 60000 he will have loss by 10 % for how much it should be sold if he desire profit 5 %.
To find:-
how much it should be sold if he desire profit 5 %.
Solution:-
Selling Price of Rohan's house=Rs. 60,000
Let the Cost Price of Rohan's house =Rs. X
Loss percentage on it=10%
We know that
Cost Price=(100×seling price)/(100-l)
=>CP=(100×60,000)/(100-10)
=>CP=60,00,000/90
=>CP=600000/9
=>CP= Rs.66666.67
Now desiring Profit =5%
Then the selling Price will be
Selling Price=(100+g)×CP/100
=>SP=(100+5)×66666.67/100
=>SP=105×66666.67/100
=>SP=105×666.6667
=>SP=70,000.0035
Selling Price =70,000
Answer:-
If he desires for 5% then the house should be sold for Rs.70,000