Question

gaurav sold a plot of land for $rupes 1,20,000 and thereby loses 20% . find the cost price of the plot.

Answer 1

WE Have ,
S.P. = 1, 20,000
Loss = 20% .

then,

C.P. = 120000 + 20% of 120000
       = 120000 + 24000
       = 144000

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