Question

Ramu sold a plot for 240000 gaming 2% for how much did he purchase the plot

Answer 1

ramu sold the plot at a rate 240000 rs

he gains 2%

so we have to find out the 2% of the rate so it's equal to

2/100*240000=4800 rs

so he purchase the land at a rate 240000-4800=19200rs

Answer 2

Selling price= 240000 rs
Gain= 2%
Cost price=profit/100*Selling pice
=2/100*240000
=4800 rs
so he purchase the land at a rate =240000-4800
=19200rs