Question

A house is bought for £108 000 and then sold at a profit of 14%.Find the selling price.​

Answer 1

Answer:

The selling price of House for 14% profit is  $\pounds 123,120$

Step-by-step explanation:

Given as :

The cost price of house (c.p) = $\pounds 108000$

The profit percentage = 14%

Let the selling price = s.p

So, Profit % = $(\frac{Selling price - Cost price}{Cost price})\times 100$

Or, 14 % = $(\frac{s.p - c.p}{c.p})\times 100$

Or, $\frac{s.p}{c.p}$ =  $\frac{114}{100}$

So, s. p = 1.14 × (c .p)

Or,  s.p = 1.14 × $\pounds 108000$

∴    s. p =  $\pounds 123,120$

Hence  The selling price of House for 14% profit is  $\pounds 123,120$     Answer

Answer 2

HEY DEAR

given:- cost price = £108000

profit = 14%

sp=?

SP = (100+profit% / 100 )× cp

SP= (100 +14% /100)× £108000

SP= 114/100 × 108000

HOPE ITS HELPFULL