Aahuti purchased a house for ₹ 50,59,700 and spent ₹ 40300 on its repairs. To make a profit of 5%, she should sell the house for ₹ ________.

Question

Fill in the blanks to make the statement true.

Aahuti purchased a house for ₹ 50,59,700 and spent ₹ 40300 on its repairs. To make a profit of 5%, she should sell the house for ₹ ________.

Answer 1

Aahuti purchased a house for ₹ 50,59,700 and spent ₹ 40300 on its repairs. To make a profit of 5%, she should sell the house for ₹ 5355000.

Froom the question it is give that,

Cost price of house purchased by Aahuti = ₹ 50,59,700

Amount spent to repair the house = ₹ 40,300

Then, total cost price of house = ₹ 50,59,700 + 40,300

= ₹ 5100000

Profit % = (profit/CP) × 100

5 = ((SP – CP)/CP) × 100

5 = ((SP – 5100000)/5100000) × 100

(5 × 5100000)/100 = SP – 5100000

SP = ₹ 5355000