Question

Raman purchased a house for 250000 rupees and sold it to Ram at 25% profit. Ram sold it to Sohan at 5% loss. At what price did Sohan purchase the house from Ram?

Answer 1

25% profit means 250000+profit

so,25/100*250000=62500

therefore profit made=250000+62500=312500

since ram sold it to rohan at 5% loss so 5% of 312500=

5/100*312500=15625

so at the rate in which sohan purchased the house from ram=312500-15625=Rs . 296875