Question

Example 4: A plot of land is sold for Rs 392,000 at a profit of
12%. Find its cost price.​

Answer 1

Answer:

CP=350000

Step-by-step explanation:

SP=392000

P%=12%

CP=SP×100/100-P%

CP=392000×100/100+12

CP=392000×100/112

CP=350000

Answer 2

Answer:

the cost price is Rs. 3,50,000.