Question

Mr. Virmani purchased a house for Rs 365000 and spent Rs135000 on its repairs.
At what rate she must sell the house in order to gain 12%

Answer 1

total amount she spent is = 3,65,000+1,35,000

= 5,00,000

and for finding the amount of 12% of total spent which she want to gain = 12%× 5,00,000

=60,000

so she need to sell her house in 5,60,000