Question

Rahul sold a plot of land for 1,13,300
gaining 3% for how much did he
purchase the plot? ​

Answer 1

Assume the CP to be x and use the formula :

SP = CP + P

profit is calculated on the CP.

Hope this helps!

Answer 2

Answer 110000

Explanation

sp=113300

gain=3%

cp=100/(100+gain%)×sp

cp=100/(100+3)×113300

Cp=100/103×113300

cp=100×1100

cp=110000