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 ________. Fill in the blanks to make the statement true.

Solution:

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 ________.

We have to fill in the blanks to make the statement true.

According to the question,

CP = ₹50,59,700 + ₹40300 = ₹51,00,000

Profit% = 5%

We know, Profit% = Profit/CP × 100

5 = Profit/51,00,000 × 100

5 = Profit/51,000

Profit = 5 × 51000

Profit = ₹2,55,000

We know, Profit = SP - CP

255000 = SP - 5059700

SP = 255000 + 5059700

Therefore, SP = ₹5314700

✦ Try This: Aahuti purchased a car for ₹4,50,000 and spent ₹35,000 on its repairs. To make a profit of 7%, she should sell the car for ________. Fill in the blanks to make the statement true.

☛ Also Check: NCERT Solutions for Class 7 Maths Chapter 8

NCERT Exemplar Class 7 Maths Chapter 7 Problem 43

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 ________. Fill in the blanks to make the statement true

Summary:

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 ₹53,14,700.

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