Ravi purchased an old house for ₹765000 and spent ₹115000 on its repairs. Than he sold it at a again of 5%. Find the SP
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From the question, Ravi purchased an old house for = ₹ 765000 = Cost price He spent on its repairs = ₹ 115000 Total cost price of old house = (765000 + 115000) = ₹ 880000 Then, he sold it at a gain of 5% SP = {((100 + gain %) /100) × CP)} = {((100 + 5) /100) × 880000)} = {(105 /100) × 880000} = 105 × 8800 = ₹ 924000 ∴the selling price is 924000
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