Question

The money spent on the repairs of a house was 1 percent of its value. If the repair costs rupees 5,000, find the cost of the house.

Answer 1

|SOLUTION|

Question:

The money spent on the repairs of a house was 1 percent of its value. If the repair costs rupees 5,000, find the cost of the house.

Given:

The money spent on the repairs of a house(Rs5000) was 1% of its value.

To find:

Cost of the house

Answer:

Cost of the house = Rs500000

Step-By-Step-Explanation:

$let \: the \: cost \: of \: the \: house \: be \: x \: rupees \\ \\ according \: to \: the \: question \\ \\ 1\% \: of \: x = rs5000 \\ = > \: \frac{1}{100} x = rs5000 \\ = > \: x = rs5000 \times 100 \\ = > \: x = rs500000$