Question: After living in his house for 10 years, Mr. Zubair sold it for Rs. 40,000 profit and purchased a new one for Rs. 30,000 more than thrice the selling price of his old one. If the new house cost 4 times the original price of the old one, what did he pay for each?
Answers
Answer:The cost of the new house is 30,000.
Explanation:
Question: After living in his house for 10 years, Mr. Zubair sold it for Rs. 40,000 profit and purchased a new one for Rs. 30,000 more than thrice the selling price of his old one. If the new house cost 4 times the original price of the old one, what did he pay for each?
The question demands for the final new house rate which is found out from the statements from the equation and the variables and the statements:-
So the first statement says profit 40,000 rupees
And assuming the selling price of the previous house is x then the cost of the new house is:-
Cost=3x+30,000
And the next statement says:-
The cost of new house is also equal to 4x as per the statement as the cost of the new house from both the new equations is same equate them:-
3x+30000= 4x
which directly implies that x is 30,000
Answer:- the cost of the new house is 30,000.
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