Question

Sonakshi purchased a house for ₹ 25 lakhs and spent ₹ 5 lakhs on its repairs. At what price should she sell it to make a profit of 20%?
(a) 30 lakhs
(b) 36 lakhs
(c) 35 lakhs
(d) 32 lakhs

Answer 1

Answer:

CP=25 lakhs

Repair=5 lakhs

Total CP=25+5

=30 lakhs

Profit=20%

SP=30 lakhs+30/100*20

=30+6 lakhs

=36 lakhs.

Your answer is Option B 36 lakhs.

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