Question

ravi purchased an old house for 765000 and spent 115000 on its repairs . then he sold it at a gain of 5%. how much did he gain​

Answer 1

Answer:

HERE IS YOUR ANSWER MATE

Step-by-step explanation:

C.P. = 765000

Repairs cost = 115000

Total C.P. = 765000+115000

= 880000

Gain % = 5

S.P.= (100+Gain%) x C.P.

100

= (100+5%) x 880000

100

= 105% x 880000

100

= 105*8800

= 924000

Hence, The S.P. is ₹924000.

Here, S.P. is greater than C.P so there is a profit

Profit = S.P. - C.P.

= ₹924000-₹880000

= ₹44,000

Thus, the Gain is ₹44,000

HOPE IT HELPS

Answer 2

Solution

Given :-

• Ravi purchased an ald house = ₹ 7,65,000
• He Spend money for its repay = ₹ 1,15,000
• He sold it at a gain of 5% .

Find :-

• Profit in house .

Explanation

Now, Calculate

Total Cost price be = purchase money of house + Spend money for repair

==> CP of house = 7,65,000 + 1,15,000

==> CP of house = 8,80,000

And,

==> % Profit = 5%.

Using Formula For Calculate profit ,

$\dag\boxed{\underline{\tt{\orange{\: profit\:\%=\:\dfrac{100\times(profit)}{CP}}}}}$

So, Now

==> 5 = 100 ×( profit )/8,80,000

==> 100 × profit = 5 × 8,80,000

==> profit = 5 × 8,80,000/100

==> profit = 5 × 8,800

==> profit = ₹ 44,000

Hence

• Profit will be of house = ₹ 44,000

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