Question

mr harish purchased a house for rs 6,50,000 and spent rs 87000 on its repair .at what price must he sells the house to make profit of 8percent
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Answer 1

Answer:

Total price of house:

650000+87000

737000

Profit of 8%:

737000 + 8% of 737000

737000 + 8/100 × 737000

737000 + 8 × 7370

737000 + 58960

795960

Answer 2

Answer:

Here first we have to see whether it is CP or SP

According to question here is CP which is 6,50,000 + 87000 which is equal to 737000

profit = 8% x 737000

= 58960

SP = CP + Profit

= 737000 + 58960

= 795960