Question

ramu sold a plot of land for ,240000 gaining 20%. what is the C.Pof the land​

Answer 1

Answer:

2 lakhs is correct answer

Step-by-step explanation:

Selling price=240000

Profit=20%

Cost price=?

Cost price=240000×100/120

= 40000×5

=200000

=2 lakhs

Answer 2

formula =cp =100×240000÷[100+20]

100×240000÷[120]

cp = 200000

ans:200000 lakh