Question

The owner of a house has an offer of 159600 which would be give him a gain of 5% on the cost price. What would be required to give him a gain of 5% on the selling price?​

Answer 1

Answer:

399

Step-by-step explanation:

159600×5/100×5/100=399.00

Answer 2

Answer:

1,60,000

Step-by-step explanation:

first,

as he get 1,59,600 by selling a house

Selling price = 1,59,600

and profit on cost price =5%

we are taking cost price as 100%

cost price. profit on cost prce. selling price

100% 5% 105

x. 1,59,600

✖ cross multiply

x = 1,59,600 into 100 by 105

=1,52,000 (cost price)

now he want to sell the house by taking 5% profit on selling prce

so,

we have cost price = 1,52,000

we are taking selling price as 100%

(beacouse profit taken from selling price)

cost price. profit on selling price. selling price

95% 5% 100%

1,52,000. y

✖ cross multiply

y =1,52,000 into 100 by 95

= 1,60,000

so if he will sell the house by gaining 5% on selling price.

the new selling price of the house will be 1,60,000