Asif bought a house for Rs.50000. He sold it to Maya at 20% profit. Ma

1.	Asif bought a house for Rs.50000. He sold it to Maya at 20% profit. Maya didn't like the house much and sold it to Reshma for Rs.45000. If Reshma has to earn a profit of 15% on selling it, at what extra amount (in Rs.) has she sold the house when compared to the price at which Asif had bought it?1. 17502. 22503. 12504. 7505. 1850
Answer» Correct Answer - Option 1 : 1750 Price at which house bought by Asif = Rs.50000 Profit earned by Asif, when selling to Maya = 20% SP for Asif = CP for Maya = [(100 + 20)/100] × 50000 = Rs.60000 SP for Maya = CP for Reshma = Rs.45000 Profit earned by Maya on selling the house = 15% So, the SP for Maya = [(100 + 15)/100] × 45000 = Rs.51750 Hence, the difference between the amount paid by Asif to buy the house and the SP for Maya = 51750 - 50000 = Rs.1750 ∴ The extra amount at which Reshma has sold the house when compared to the price at which Asif had bought it is Rs.1750

Asif bought a house for Rs.50000. He sold it to Maya at 20% profit. Maya didn't like the house much and sold it to Reshma for Rs.45000. If Reshma has to earn a profit of 15% on selling it, at what extra amount (in Rs.) has she sold the house when compared to the price at which Asif had bought it?1. 17502. 22503. 12504. 7505. 1850

Answer» Correct Answer - Option 1 : 1750

Price at which house bought by Asif = Rs.50000

Profit earned by Asif, when selling to Maya = 20%

SP for Asif = CP for Maya = [(100 + 20)/100] × 50000 = Rs.60000

SP for Maya = CP for Reshma = Rs.45000

Profit earned by Maya on selling the house = 15%

So, the SP for Maya = [(100 + 15)/100] × 45000 = Rs.51750

Hence, the difference between the amount paid by Asif to buy the house and the SP for Maya = 51750 - 50000 = Rs.1750

∴ The extra amount at which Reshma has sold the house when compared to the price at which Asif had bought it is Rs.1750

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