Question

Naveen sold a plot of land for Rs.2,20,000 gaining 10%. For how much did he purchase the plot?

Answer 1

Answer:

2,00,000

Explanation:

CP= SP×100/(100+P%)

Answer 2

Answer:

CP= Rs. 2,20,000

G%= 10%

SP= (100+G%)/100×CP

=> 220000= (100+10)/100×CP

=>220000= 110/100×CP

=> 220000×100/110=CP=Rs. 2,00,000.

Naveen bought the plot of land for Rs. 2,00,000.

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