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3 years ago

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

Mathematics

2 answers:

kondor19780726 [428]3 years ago

7 0

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

Genrish500 [490]3 years ago

6 0

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

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see explanation

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Let
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we know that
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3 years ago

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

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