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:

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.

Given:

  • The cost price of the 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

Total cost price of house = ₹ 5100000

Profit % = (profit/CP) × 100

5 = ((SP – CP)/CP) × 100

5 = ((SP – 5100000)/5100000) × 100

(5 × 5100000)/100 = SP – 5100000

SP = ₹ 5355000

Percentage

In mathematics, a percentage is a number or ratio that can be expressed as a fraction of 100. To determine the percentage, we have to divide the value by the total value and then multiply the resultant to 100.

Percentage formula = (Value/Total value)×100

Example: 35/100= 35%

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