Question

Ramesh has a plot worth ₹45,000. He sold it at a profit of 10%. The amount he received is ____________.

Answer 1

s.p=100+p%×c.p
100
110×45000/100
450×110

Answer 2

10% is profit margin
S.P.=100+profit %/100+C.P.
      = (100+10)/100*45000
      = 110/100 *45000
      = 1.1*45000
=49500