Question

ravi purchased an old house for rs 765000 and spent rs 115000 on its repairs. Then, he sold it at a gain of 5%. how much did he get?

Answer 1

Answer:924000

Step-by-step explanation:

CP=765000+115000=880000

Gain=5%

SP=?

SP=(100+5%/100*880000)

=105/100*880000

=924000

I it helped all I hope

Answer 2

The amount of money Ravi get is Rs 9,24,000.

Step-by-step explanation:

We are given that Ravi purchased an old house for Rs 7,65,000 and spent Rs 1,15,000 on its repairs.

Then, he sold it at a gain of 5%.

The cost price of the old house = Rs 7,65,000

Amount of money spent on repairs = Rs 1,15,000

Now, the total price of the house = Rs 7,65,000 + Rs 1,15,000

                                                         = Rs 8,80,000

It is also stated that the house is sold at a gain of 5%.

This means that gain amount on the selling of house = 5% of Rs 8,80,000

                                     =  $\frac{5}{100} \times 8,80,000$

                                     = Rs 44,000

So, the selling price of the house = Rs 8,80,000 + Rs 44,000

                                                          = Rs 9,24,000.