Ramu sold a plot of land for rupees 2,40,000 gaining 20%.For how much did he purchase the plot?
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Answered by
162
Cost price = ( 100/(100 + gain%)) * Selling price
= 100/100+20 * 240000
= 100/120 * 240000
= 200000.
Hope this helps!
= 100/100+20 * 240000
= 100/120 * 240000
= 200000.
Hope this helps!
Answered by
74
therefore the cost of the plot of land is 200000
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