document.write( "Question 1086715: by selling house for Rs 400,000,a personal loses 20% to get gain of 15% at what price should the house be sold? \n" ); document.write( "
Algebra.Com's Answer #701017 by Theo(13342)![]() ![]() You can put this solution on YOUR website! the house costs 400,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he wants to sell it at 15% profit, so the final selling price has to be 400,000 * 1.15 = 460,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he wants to sell at a 20% discount, so the initial offering price is 460,000 / .8 = 575,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the retail price is 575,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the discount price is 575,000 - .20 * 575,000 = 460,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the profit made is 460,000 minus 400,000 = 60,000 = 15% of 400,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |