wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

After spending Rupees sixty thousand for remodelling a house, Amla sold a house at a profit of 20%. If the selling price was Rupees forty two lakhs, how much did she spend to buy the house?

Open in App
Solution

Let the cost price of house be x.
Money spent for remodelling =Rs.60,000
Net price=60000+x
SP=Rs.42,00,000
Profit=20%
SP=120%×(60,000+x)=42,00,000x=34,40,000
Hence Amla spent Rs.34,40,000 to buy the house.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
More of Points and Less of Points
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon