Question

If a man sells aplot at a loss of 10%.if he had sold it for rs 200,000 more,he would have gained 8% profit.Find the cost price of land

Answer 1

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

let the S.P = x

total percentage = 100%

therefore,

old S.P = ( 100 - 10 )% = 90%

mew S.P = ( 100 + 8 )% = 108%

So, by the formula of proportion we get

90 : 200,000 :: 108 : x

[ products of extreme = products of means ]

x = 200000 × 108 / 90 [by solving equation we get]

x = 240,000

NEW S.P = 240,000 ANS

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