Question

ravi purchased qn old house for rs 765000 and spent rs 115000on its repairs then he sold it at a gain of 5/​

Answer 1

Step-by-step explanation:

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

Answered By

Madhur Gupta