Question

Ramu sold a plot of land for ₹24000 gaining 20%.For how much did he purchas the plot

Answer 1

$\huge\sf{\red{Answer}}$

$\sf Given\:S.P=24000 \\ \sf Gain=20% \\ \sf C.P=?$

Let the C.P be 100

Then profit=$\frac{20}{100}×100=20$

$\sf S P=100+20=120$

Use the unitary method to find The cost price

If S.P is 120,C P is 100

IF S P is 24000,C.P is

$\frac{100}{120}×24000\\ \sf implies 100×200\\ \sf 20,000$

$\boxed{\bold{\red{C.P=20,000}}}$

Hope it's help ☺️☺️