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

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From the question,

Ravi purchased and sold house for =Rs.765000= cost price

He spent on its repairs =Rs.115000

The cost price of old house =Rs.(765000+115000)

=Rs.880000

Then, he sold it at a gain of 5%

SP={((100+gain%)/100)×CP}

={((100+5)/100)×880000}

={(105/100)×880000}

=15×8800

=Rs.924000

∴ the selling price of the house is Rs.924000

so, we're done !!!! :D