Question

Ravi purchase an old house for rupees 765000 and spend rupees 15000 on its repairs then he sold it at a gain of 5% how much did he get

Answer 1

Step-by-step explanation:

Question :

Ravi purchase an old house for rupees 765000 and spend rupees 15000 on its repairs then he sold it at a gain of 5% how much did he get

ANSWER :

Ravi purchase an old house = Rs. 765000

Money he spent on repairing it = 15000.

Total Cost price of the house = 765000 + 15000

= 880000

Profit he gained by selling of the house = 5%

SP = $\bf[(100 + \frac{gain \: percent}{100} \: )] \times cp$

= $\bf[(\frac{100 + 5}{100} \: )] \times 880000$

= $\bf[(\frac{105}{100} \: )] \times 880000$

= 105 × 8800

= ₹ 924000

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FINAL RESULT:

$\bf\red{∴the \: selling\: price \: of \: the \:house \: is \: ₹ 924000.}$