Question

Ravi purchase an old house for765000 and spent 115000 on its repairs .Then, he sold it at a gain or 5%.How much did he get

Answer 1

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Answer 2

Cp=765000

Repairs cost= 115000

total cp=765000+11500=776500

Gain=5/100×776500=38,825/-

sp = cp+ gain=( 776500+38825)/-

= 815325/-

Hope it helped you