Mathematics
NULL
Medium
Question
A house sold for Rs 45,000 gains 1/8 of the outlay. What selling price would give a 5% loss?
A
Rs.38750
B
Rs.38000
✓ Official correct answer
C
Rs.40000
D
Rs.42000
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
Rs.38750
No member explanations yet for this option.
B
Rs.38000
No member explanations yet for this option.
C
Rs.40000
No member explanations yet for this option.
D
Rs.42000
No member explanations yet for this option.
Explanation
CP = 45,000 × 8/9 = 40,000. For 5% loss, SP = Rs 38,000.