Question

Ramu sold a plot of land for 2,40,000 gaining 20%. For how much did he purchase the
plot?​

Answer 1

Step-by-step explanation:

Given

selling price,sp=rs2,40,000

profit percent,p=20%

cp =?

we know that,

profit percent =sp-cp ×100%

cp

or,20/100 = 240000-cp

cp

now,calculte the cp by solving above eqn.

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